Why Is Eye Disease Focused Kala Bio Stock Plunging On Monday?
Kala Bio Inc. (NASDAQ: KALA) stock is down on Monday after the company halted development of its experimental treatment for a specific eye condition.The company had a session volume of 14.04 million compared to the average volume of 216.47 thousand, according to data from Benzinga Pro.On Monday, the company announced that its CHASE Phase 2b trial of KPI-012 for persistent corneal epithelial defect (PCED) did not meet the primary endpoint of complete healing of PCED as measured by corneal fluorescein stainin ...