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R-Tech Ueno (JASDAQ: 4573):

This is to announce that we have submitted IND^(Note1) application to US Food and Drug Administration (FDA^(Note2)) for clinical trials of recombinant human serum albumin-containing ophthalmic solution (development code: RU-101^(Note3)) which is being developed in our company, and we received an approval by FDA. This allows us to initiate Phase I/II clinical trials for RU-101 ophthalmic solution which is being developed for treatment of severe dry eye. We are currently developing RU-101 ophthalmic solution to treat severe dry eye for which no effective treatment has been established, and planning to perform Phase I/II clinical trials in United States for treatment of severe dry eye.

We are currently developing RU-101 ophthalmic solution to treat severe dry eye for which no effective treatment has been established, and planning to perform Phase I/II clinical trials (hereafter the trials) in United States for treatment of severe dry eye.
The trials consist of two stages. At the first stage, the safety will be mainly assessed using placebo (without the active ingredient) as control to evaluate maximum dosage of RU-101 ophthalmic solution for treatment of patients with severe dry eye. At the next stage, RU-101 ophthalmic solution of maximum dosage safety of which will have been confirmed at the first stage will be instilled for 12 weeks, and the safety and effectiveness will be evaluated using placebo as control.

Yukihiko Mashima MD, PhD, an ophthalmologist and the president of R-Tech Ueno, said ‘I am very pleased that IND application for RU-101 ophthalmic solution is approved by FDA. Dry eye is a modern disease which reportedly one of three office workers suffers. Our target, market for dry eye, is estimated to be 1,500 million USD, which is still increasing. We will promote the development of the drug for moderate to severe dry eye, an unmet medical need where no sufficient treatment method has been established. We will start the clinical trials in the United States as soon as possible, and also focus on speedy marketing approval for severe dry eye patients.’

(Note 1) About IND (Investigational New Drug)
To perform clinical trial in United States, it is necessary to submit an information package which includes active pharmaceutical ingredients, drug formulation, non-clinical study, and design of the clinical study regarding the novel candidate drug to FDA, and obtain the approval to perform the clinical trial. The candidate drug itself and/or submitted information package are called IND (Investigational New Drug).

(Note 2) About FDA (Food and Drug Administration)
A US governmental organization in charge of marketing approval of food, drugs, cosmetics, medical device, etc. and control of illegal products, etc.

(Note 3) About RU-101
RU-101 is a project that is aimed at the development of ophthalmic solutions for the treatment of corneal epithelial diseases including dry eye, focusing on serum component albumin. Dry eye is a chronic and multifactor ophthalmic disease characterized by disorders of the lacrimal layer and the eye surface. R-Tech Ueno has confirmed that serum albumin enhances the production of mucin, one of the components of tears, in an experiment in conjunctival epithelial cells, and also has intellectual property rights concerning the treatment of dry eye with albumin.

About R-Tech Ueno, Ltd.

R-Tech Ueno is a bio venture company established in September 1989 for the purpose of R&D and marketing of drugs. Under the leadership of the CEO, also a medical doctor, the company is developing new drugs on the theme “Physician-Oriented New Drug Innovation”, targeting ophthalmologic and dermatologic diseases that previously had no effective therapeutic agent.
We aim at becoming a “global pharmaceutical company specializing in specific fields (ophthalmology and dermatology) and developing and selling pharmaceutical products through the eyes of doctors.” We are promoting the development of new drugs for unmet medical needs for which the government provides recommendations and assistance, orphan drugs and the drugs in the field of anti-aging (lifestyle drugs).