RegeneRx claims that RGN-259 is a sterile, preservative-free topical eye drop formulation of the novel therapeutic peptide Thymosin beta 4, or Tß4.
The Phase 2 trial is expected to recruit 20 patients over the next several months, with data reported later in 2011.
RegeneRx president and CEO J J Finkelstein said that the first patient is an important milestone in the use of RGN-259 for the treatment of dry eye.
"A successful Phase 2 dry eye trial, in addition to the positive dry eye animal study announced early last month, would be strong evidence of RGN-259’s capabilities for the treatment of dry eye and other ophthalmic conditions," Finkelstein said.