NEW YORK, Nov. 5, 2026 /PRNewswire/ — Pomerantz LLP is investigating claims on behalf of investors of EyePoint, Inc. (“EyePoint” or the “Company”) (NASDAQ: EYPT). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether EyePoint and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On August 17, 2026, EyePoint issued a press release “announc[ing] topline results from LUGANO, the first pivotal Phase 3 clinical trial for DURAVYU™ (vorolanib intravitreal insert) for the treatment of wet age-related macular degeneration (wet AMD).” The press release disclosed that change from baseline in best corrected visual acuity versus 2 mg aflibercept (Regeneron Pharmaceuticals’ (REGN) Eylea) was not met in the entire dataset.
On this news, EyePoint’s stock price fell $9.88 per share, or 66.98%, to close at $4.87 per share on August 17, 2026.
Then, on October 19, 2026, EyePoint announced disappointing topline results from its second Phase 3 pivotal clinical trial, LUCIA, evaluating Duravyu for the treatment of wet AMD. The Company disclosed that Duravyu failed to meet its prespecified primary efficacy endpoint of demonstrating statistical non-inferiority in mean change in best corrected visual acuity (BCVA) compared to the standard-of-care control, Regeneron’s Eylea (aflibercept). In response to the clinical failure, EyePoint announced significant cost-cutting measures, including the immediate termination of its late-stage wet AMD clinical program and a 53% workforce reduction designed to restructure its operations around separate diabetic macular edema programs.
On this news, EyePoint’s stock price fell $2.55 per share, or 85.28%, to close at $0.44 per share on October 19, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
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CONTACT:
Danielle Peyton
Pomerantz LLP
dpeyton@pomlaw.com
646-581-9980 ext. 7980
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SOURCE Pomerantz LLP
