KALA BIO Receives $6M Investment and Appoints New CEO
KALA BIO secures $6M investment from David E. Lazar, names him CEO and Chairman, and plans to continue developing eye disease therapies after CHASE trial setbacks.
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KALA BIO secures $6M investment from David E. Lazar, names him CEO and Chairman, and plans to continue developing eye disease therapies after CHASE trial setbacks.
KALA BIO’s lead drug, KPI-012, failed its Phase 2b trial for Persistent Corneal Epithelial Defect (PCED), prompting the company to stop development and pursue cash-saving strategic options.