
Clearside Biomedical Announces Multiple Medical Meeting Presentations Focused on the Advantages of Suprachoroidal Delivery and Key Differentiators in its CLS-AX Clinical Program
CLS-AX Sub-Group Analyses from ODYSSEY Wet AMD Trial -
- CLS-AX Targets Flexible Dosing of Biologics with Duration of Tyrosine Kinase Inhibitors -
ALPHARETTA, Ga., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Clearside Biomedical, Inc. (Nasdaq: CLSD), a biopharmaceutical company revolutionizing the delivery of therapies to the back of the eye through the suprachoroidal space (SCS®), announced today recent and upcoming presentations at ophthalmic medical meetings highlighting Clearside's suprachoroidal delivery technology and promising pipeline, including its Phase 3 ready CLS-AX program for the treatment of neovascular age-related macular degeneration (wet AMD).
'Our medical meetings this quarter continue to demonstrate the commercial, clinical and regulatory expertise that establishes Clearside as the leader in suprachoroidal delivery,' said Victor Chong, MD, MBA, Chief Medical Officer and EVP, Head of Research and Development. 'We are excited about the potential of our CLS-AX program and look forward to presenting additional data from our Phase 2b ODYSSEY trial at upcoming meetings. We believe suprachoroidal CLS-AX has the potential to deliver comparable 6-month therapeutic effect in most wet AMD patients, similar to other intravitreal TKIs in development, while allowing physicians to have more individualized and flexible dosing options, instead of rescue, for patients who need more frequent therapy. We also believe suprachoroidal delivery enables the precise application of therapy to the retina, which may result in improved safety over other intravitreal treatment options.'
Recent Sessions on Suprachoroidal Drug Delivery Utilizing Clearside's SCS Microinjector®:
Hawaiian Eye & Retina 2025 (January 18-24, 2025)
Presentation: Where Are We with Suprachoroidal Delivery
Presenter: Judy E. Kim, MD, University of Texas Southwestern Medical Center
Presentation: Suprachoroidal Delivery of Investigational ABBV-RGX-314 for Diabetic
Retinopathy: The Phase II ALTITUDE ® Study
Presenter: Margaret Chang, MD, MS, Retinal Consultants Medical Group
Presentation: Tyrosine Kinases Inhibitors
Presenter: Rishi P. Singh, MD, Cleveland Clinic
Presentation: Suprachoroidal Delivery of Triamcinolone Injectable Suspension for Post-Operative Cystoid Macular Edema
Presenter: Irena Tsui, MD, Doheny Eye Center UCLA
3rd Annual Ophthalmic Drug Delivery Summit (January 28-30, 2025)
Presentation: Advancing Targeted, Compartmentalized, & Long-Acting Depot Delivery Suprachoroidal Delivery of Particulate Formulations
Presenter: Viral Kansara, PhD, Vice President, Preclinical Development, Clearside Biomedical
Upcoming Sessions on CLS-AX Wet AMD Program
Angiogenesis, Exudation, and Degeneration 2025 (Virtual; February 8, 2025)
Presentation: Phase 2b CLS-AX ODYSSEY Trial Results
Presenter: Roger Goldberg, MD, MBA, Bay Area Retinal Associates Medical Group
The Macula Society 48th Annual Meeting (February 12-15, 2025)
Presentation: Top Line Results from ODYSSEY: A Phase 2b Study of Suprachoroidally Administered CLS-AX in Participants with Neovascular Age-related Macular Degeneration
Presenter: Thomas A. Ciulla, MD, MBA, Chief Medical Advisor-Retina and Chair, Scientific Advisory Board, Clearside Biomedical
5th Annual Wet AMD & Diabetic Eye Disease Drug Summit (March 18-20, 2025)
Presentation: Transforming wAMD Treatment: Long-Lasting, Flexible Dosing with
Suprachoroidal TKI Delivery
Presenter: Victor Chong, MD, MBA, Chief Medical Officer, Clearside Biomedical
About Clearside's Suprachoroidal Space (SCS®) Injection Platform and SCS Microinjector®
Clearside's patent protected, proprietary suprachoroidal space (SCS®) injection treatment approach offers unprecedented access to the back of the eye, where sight-threatening disease often occurs. The Company's unique platform is inherently flexible and intended to work with established and new formulations of medications. Clearside's patented SCS Microinjector® can deliver a wide variety of drug candidates into the suprachoroidal space, providing targeted delivery to potentially improve efficacy and compartmentalization of medication to reduce or eliminate toxic effects on non-diseased cells. The SCS Microinjector is comprised of a syringe with a custom-designed hub and two 30-gauge hollow microneedles of varying lengths, each approximately one millimeter, optimizing insertion and suprachoroidal administration of drugs.
About ODYSSEY Phase 2b Clinical Trial
ODYSSEY was a randomized, double-masked, parallel-group, active-controlled, multicenter, 36-week, Phase 2b clinical trial in participants with wet AMD previously treated with intravitreal anti-vascular endothelial growth factor (VEGF) standard of care therapy. A total of 60 participants were treated for 36 weeks and randomized to either CLS-AX (1 mg) or aflibercept (2 mg) with a 2:1 randomization schedule (40 participants in CLS-AX arm and 20 participants in aflibercept arm). CLS-AX was administered via suprachoroidal injection using Clearside's SCS Microinjector, and aflibercept was administered via intravitreal injection. Participants in the trial were determined to have active disease with a median duration of wet AMD diagnosis of 9.9 months.
The ODYSSEY trial achieved its objectives, including primary outcomes in mean change from baseline in best corrected visual acuity and safety and tolerability of CLS-AX, and secondary outcomes in visual function and ocular anatomy, the need for supplemental treatment, and treatment burden as measured by total injections over the trial duration. CLS-AX demonstrated compelling intervention-free rates with 100% of CLS-AX participants not requiring any additional treatment up to 3 months, 90% up to 4 months, 81% up to 5 months, and 67% up to 6 months after the initial CLS-AX dose. In the CLS-AX group, the injection frequency was reduced by approximately 84% compared to the average monthly injections in the 24 weeks prior to screening.
About CLS-AX (axitinib injectable suspension)
Clearside is developing CLS-AX as a longer-acting therapy for the treatment of retinal diseases. CLS-AX (axitinib injectable suspension) is a proprietary suspension of axitinib for suprachoroidal injection. Axitinib is a tyrosine kinase inhibitor (TKI), currently approved as an oral tablet formulation to treat advanced renal cell carcinoma, that achieves pan-VEGF blockade, directly inhibiting VEGF receptors-1, -2, and -3 with high potency and specificity. Clearside believes this broad VEGF blockade may have efficacy advantages over existing retinal therapies by acting at a different level of the angiogenesis cascade and may benefit patients who sub-optimally respond to current, more narrowly focused anti-VEGF therapies. Suprachoroidal injection of this proprietary suspension of axitinib has demonstrated meaningful potential in Phase 1/2a and Phase 2b wet AMD clinical trials in which CLS-AX was well tolerated and demonstrated a positive safety profile. With suprachoroidal administration of axitinib, there is the potential to achieve prolonged duration and targeted delivery to affected tissue layers by compartmentalizing axitinib behind the retina, thereby limiting drug exposure to the front of the eye.
About Clearside Biomedical, Inc.
Clearside Biomedical, Inc. is a biopharmaceutical company revolutionizing the delivery of therapies to the back of the eye through the suprachoroidal space (SCS®) to improve patient outcomes. Clearside's SCS injection platform, utilizing the Company's patented SCS Microinjector®, enables an in-office, repeatable, non-surgical procedure for the targeted and compartmentalized delivery of a wide variety of therapies to the macula, retina, or choroid to potentially preserve and improve vision in patients with sight-threatening eye diseases. Clearside is developing its own pipeline of small molecule product candidates for administration via its SCS Microinjector. The Company's lead program, CLS-AX (axitinib injectable suspension), is in development for the treatment of neovascular age-related macular degeneration (wet AMD). Planning for a Phase 3 program is underway. In addition, Clearside is evaluating various small molecules for the potential long-acting treatment of geographic atrophy (GA). Clearside developed and gained approval for its first product, XIPERE ® (triamcinolone acetonide injectable suspension) for suprachoroidal use, which is available in the U.S. through a commercial partner. Clearside also strategically partners its SCS injection platform with companies utilizing other ophthalmic therapeutic innovations. For more information, please visit clearsidebio.com or follow us on LinkedIn and X.
Cautionary Note Regarding Forward-Looking Statements
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements may be identified by words such as 'believe', 'expect', 'may', 'plan', 'potential', 'will', and similar expressions, and are based on Clearside's current beliefs and expectations. These forward-looking statements include statements regarding the potential benefits of CLS-AX, Clearside's suprachoroidal delivery technology and Clearside's SCS Microinjector®. These statements involve risks and uncertainties that could cause actual results to differ materially from those reflected in such statements. Risks and uncertainties that may cause actual results to differ materially include uncertainties inherent in the conduct of clinical trials, Clearside's reliance on third parties over which it may not always have full control and other risks and uncertainties that are described in Clearside's Annual Report on Form 10-K for the year ended December 31, 2023, filed with the U.S. Securities and Exchange Commission (SEC) on March 12, 2024, Clearside's Quarterly Report on Form 10-Q for the quarter ended September 30, 2024, filed with the SEC on November 12, 2024, and Clearside's other periodic reports filed with the SEC. Any forward-looking statements speak only as of the date of this press release and are based on information available to Clearside as of the date of this release, and Clearside assumes no obligation to, and does not intend to, update any forward-looking statements, whether as a result of new information, future events or otherwise.
Source: Clearside Biomedical, Inc.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Upturn
an hour ago
- Business Upturn
Financière de Tubize – 2025 half-year financial report
By GlobeNewswire Published on August 2, 2025, 11:00 IST Half-year financial report 2025 Regulated information 2 August 2025 The board of directors of Financière de Tubize has established the 2025 half-year report. This report is available on the website Profit for the first half of 2025: € 95.6 million (€ 92.9 million in 2024, + 2.8%), Dividend received from UCB: € 98.1 million (€ 1.39 per share, an increase of 2.2% compared to the previous year), 2024 Dividend paid to Financière de Tubize's shareholders in 2025 of € 46.3 million (€ 1.04 per share, an increase of 7.22% compared to the previous year), Acquisition, in 2025, of 24,487 UCB shares, for a total amount of € 4.37 million, at an average price of € 178.3. Our stake in UCB has increased from 36.27% on 31 December 2024 to 36,28% on 30 June 2025, Decrease of outstanding bank borrowings from € 41.3 million at 31 December 2024 to € nil at 30 June 2025. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.


Business Upturn
an hour ago
- Business Upturn
SHARC Energy Announces Update on Convertible Debenture Financing
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Aug. 01, 2025 (GLOBE NEWSWIRE) — SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) ('SHARC Energy' or the 'Company') would like to announce its intention to complete a non-brokered private placement of secured convertible debentures (each, a 'Debenture') with a principal amount of up to $1,500,000 (the 'Offering'). The Debenture is secured against all present and after acquired assets of the Company. The Debentures will bear interest at a rate of 8.0% per annum and mature on the date that is 24 months from the date of issuance (the 'Maturity Date'). The holder will have the option to extend the Maturity Date for a period of 12 months and receive all accrued and unpaid interest in cash or in common shares in the capital of the Company ('Common Shares') at a price of $0.10 per Common Share (the 'Conversion Price'). Additionally, the outstanding principal amount owed under a Debenture may be converted into Common Shares at the Conversion Price at the option of the holder at any time on or prior to the last business day prior to the Maturity Date. The Company may from time to time, in its sole discretion, prepay all or a part of the principal amount and accrued interest without penalty. The Company intends to use the proceeds from the Offering for working capital purposes as the Company continues to fulfil the shipment and delivery of SHARC and PIRANHA WET systems. The Company may pay a finder's fee in connection with the Offering to eligible arm's length finders in accordance with applicable securities laws and the policies of the Canadian Securities Exchange. All securities issued in connection with the Offering will be subject to a statutory hold period of four months and one day following the date of issuance in accordance with applicable Canadian securities laws. The securities of the Company referred to in this news release have not been and will not be registered under the United States Securities Act of 1933 , as amended (the 'U.S. Securities Act'), or any state securities laws. Accordingly, the securities of the Company may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release does not constitute an offer to sell or a solicitation of any offer to buy any securities of the Company in any jurisdiction in which such offer, solicitation or sale would be unlawful. The above Offering is being carried out in place of the previously announced offering on June 20, 2025, which is now cancelled. About SHARC Energy SHARC International Systems Inc. is a world leader in energy recovery from the wastewater we send down the drain every day. SHARC Energy's systems recycle thermal energy from wastewater, generating one of the most energy-efficient and economical systems for heating, cooling & hot water production for commercial, residential, and industrial buildings along with thermal energy networks, commonly referred to as 'District Energy'. SHARC Energy is publicly traded in Canada (CSE: SHRC), the United States (OTCQB: INTWF) and Germany (Frankfurt: IWIA) and you can find out more on our SEDAR profile. Learn more about SHARC Energy: Website | Investor Page | LinkedIn | YouTube | PIRANHA | SHARC ON BEHALF OF THE BOARD Fred Andriano Chairman The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statements Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified using words such as 'anticipate', 'plan', 'estimate', 'expect', 'may', 'will', 'intend', 'should', and similar expressions. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. SHARC Energy's actual results could differ materially from those anticipated in this forward-looking information because of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, and other factors, many of which are beyond the control of the Company. SHARC Energy believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents the Company's expectations as of the date hereof and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information whether because of new information, future events or otherwise, except as required by applicable securities legislation. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash


Business Upturn
an hour ago
- Business Upturn
AI-Powered Crypto OZAK AI Enters the Spotlight as $1,500,000 Raised in Presale
By GlobeNewswire Published on August 2, 2025, 07:00 IST ROAD TOWN, British Virgin Islands, Aug. 01, 2025 (GLOBE NEWSWIRE) — OZAK AI Raises above $1,500,000 in Presale and it's currently priced at $0.005. Visa's growing interest in stablecoins has shifted the focus toward AI-integrated cryptocurrencies. Ozak AI is one among them and is rapidly developing attention. Its ongoing presale has already sold over 66.2 million tokens and raised over 1.53 million. This traction is an indication of a market turning point where blockchain projects featuring AI capabilities are pressing to be relevant to the masses. With clear goals and token transparency, Ozak AI stands out during a pivotal moment. Market participants are now moving toward platforms that blend automation, decentralization, and predictive financial tools. The crypto market, driven by technological innovation, continues aligning with AI and blockchain synergy. The rise of hybrid platforms such as Ozak AI is the next step in supporting the stablecoin space. These machine-learning models promote faster and data-driven models of approaches to the market. Youtube embed: Next 500X AI Altcoin Ozak AI's Predictive Models and Automated Governance Gain Traction Ozak AI utilizes predictive analytics and automated governance to run its decentralized ecosystem. The company uses reinforcement learning and neural networks to analyze large financial data. Such a system allows extensive market predictions and optimal risk control. Users can enjoy real-time alerts, price pattern recognition, and automation of smart contracts. The AI framework conducts the analysis of proposals, delegates voters, and identifies anomalies. These abilities ensure the transparency and operational effectiveness of its decentralized ecosystem. Its decision-making process and rules use smart contracts in governance structures. There is no central authority, and decision-making is in the hands of the token holders who vote on-chain. The system also helps address threats, such as Sybil attacks, by verifying identities and behaviors with the help of AI. $OZ Token Fuels a Decentralized Financial Infrastructure The $OZ token is used to buy, stake and deploy models. Holders of the token are also entitled to vote on security and ecosystem changes. The token will be distributed in phases, and the present price stands at $0.005. The price will be raised to $0.01 in the next phase. A target of 1 is set, which is in line with the maturity of the networks and deployment of features. Its validation entails the network using a staking mechanism to facilitate its incentives. This method promotes efficiency and speed in the execution of smart contracts via Arbitrum Orbit. It also improves the capacity of the DeFi ecosystem to handle a large amount of data traffic. Moreover, the EigenLayer integration with AVS provides safe certification of AI regulation and monetary exchange. Data storage works via DePIN, eliminating one point of failure. Ozak AI Reinforces AI-Blockchain Integration in DeFi and Trading AI agents optimize market entry and exit strategies in volatile environments. These agents examine macroeconomic indicators and trading volumes and price fluctuations. Consequently, traders obtain better timing as well as more accurate markets. Real-time and automated alerts allow an immediate response to market action. Machine learning models continuously adapt and enhance trading accuracy. This adaptability gives Ozak AI a distinct position in the fast-evolving crypto trading space. With stablecoin backing increasing, AI-enhanced platforms, such as Visa, now fill gaps left by traditional tools. Ozak AI combines security, automation, and financial prediction into one system. For more information about Ozak AI, visit the links below. Website: Twitter/X: Telegram: Media Contact: Andres Brinc [email protected] Disclaimer: This content is provided byOzak AI. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. A photo accompanying this announcement is available at Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.