Kodiak Shares Soar After Phase 3 Data Show Two Eye Drugs Hit Key Endpoints
Kodiak Sciences surged in early trading after reporting positive late-stage results for two ophthalmology candidates, including a wet age-related macular degeneration treatment that matched the standard-setting drug Eylea in a pivotal study. The readout revived investor confidence in a company that has spent years under pressure and sharply improved the commercial prospects for its eye-disease franchise.
