Aldeyra Therapeutics, Inc. (ALDX)
NASDAQ: ALDX · Real-Time Price · USD
1.570
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At close: Apr 28, 2026, 4:00 PM EDT
1.590
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After-hours: Apr 28, 2026, 7:14 PM EDT

Aldeyra Therapeutics Earnings Call Transcripts

Fiscal Year 2026

Fiscal Year 2025

  • Study Update

    The FDA extended the PDUFA date for reproxalap's NDA after requesting a field trial CSR, despite prior agreement to omit it. The review is nearly complete, and labeling discussions are underway, with a decision expected by February 2026. The AbbVie partnership terms remain unchanged.

  • A major regulatory decision for Reproxalap in dry eye disease is expected in December, with a lucrative AbbVie partnership pending approval. The drug’s rapid onset and anti-redness features set it apart, and late-stage data support expansion into allergic conjunctivitis.

  • A major FDA decision for a dry eye therapy is expected in December, with strong clinical data and commercial plans in place, including a significant partnership with AbbVie. The pipeline includes late-stage and preclinical programs targeting ocular, dermatological, and neurological diseases.

  • R&D Day 2025

    RASP modulation platform is expanding into CNS and immune-mediated diseases, with ADX-248 showing strong preclinical efficacy and reproxalap advancing toward potential FDA approval. Financial runway extends into 2027, and key regulatory and manufacturing milestones have been met.

  • Reproxalap is approaching a key PDUFA date with rapid-onset efficacy and unique label advantages, while AbbVie may exercise a lucrative option. The pipeline features pivotal trials for ocular lymphoma and novel oral therapies for atopic dermatitis, with multiple catalysts expected through 2026.

  • The discussion highlighted a robust ophthalmology pipeline centered on RASP modulation, with reproxalap nearing a key FDA decision for dry eye disease. Rapid symptom relief, unique label claims, and strategic partnership with AbbVie set the stage for market differentiation and broader pipeline expansion.

  • The discussion highlighted reproxalap's rapid-onset potential for dry eye disease, ongoing regulatory progress, and a strong partnership with AbbVie. Additional pipeline programs target allergic conjunctivitis, retinitis pigmentosa, and inflammatory diseases, with key milestones expected this year.

  • Study Update

    Phase III data show Reproxalap significantly reduced ocular discomfort in a controlled dry eye chamber, with rapid onset and strong tolerability. NDA resubmission is planned mid-year, and the drug could become the first chronic therapy with acute and chronic efficacy claims if approved.

  • Status Update

    FDA requested an additional symptom trial for reproxalap, delaying approval, but no safety or manufacturing issues were found. Two ongoing trials are expected to yield results this quarter, supporting a potential NDA resubmission by mid-year. Cash reserves support operations into 2027.

  • Reproxalap is nearing FDA approval for dry eye disease, with a major AbbVie partnership poised to deliver $194 million in payments and a 60/40 profit split. The pipeline includes RASP modulators for atopic dermatitis, retina, and metabolic diseases, with multiple clinical milestones expected this year.

  • Near-term focus is on dry eye disease with a major regulatory milestone and AbbVie partnership option approaching. The pipeline targets broader immunology indications, including atopic dermatitis, retinal diseases, and metabolic inflammation, with strong financial flexibility and a growing market opportunity.

Fiscal Year 2024

Fiscal Year 2023

Fiscal Year 2022

Fiscal Year 2021

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