HAIXI PHARMA (02637.HK): Oral Retinal Disease Drug HX9428 Files Phase IIa IND for Diabetic Macular Edema; Phase I Data in nAMD Disclosed

On 2 September 2026, Fujian Haixi Pharmaceuticals Co., Ltd. (HAIXI PHARMA, 02637.HK) announced that HX9428 had filed a Phase IIa IND for diabetic macular edema with the CDE of NMPA on 31 August 2026; the Phase I dose-escalation study in neovascular age-related macular degeneration was fully completed, with 13 patients finishing 24 weeks of dosing without additional intravitreal injections and average visual acuity improvement exceeding 5 letters. The drug has received Fast Track Designation from the US FDA.

NewTimeSpace News: On 2 September 2026, Fujian Haixi Pharmaceuticals Co., Ltd. (stock code: 02637.HK) announced that HX9428, a candidate molecule under its self-developed innovative drug program HXP056, submitted a Phase IIa investigational new drug (IND) application for diabetic macular edema (DME) to the Center for Drug Evaluation (CDE) of China's National Medical Products Administration (NMPA) on 31 August 2026, making DME the second indication being advanced for HX9428.
The Phase I dose-escalation study for the first indication, neovascular age-related macular degeneration (nAMD, also known as wet AMD), has been fully completed, enrolling 15 patients across five dose levels of 5-40 mg/QD. Of these, 13 patients (including 3 treatment-naive patients and 10 previously treated with anti-VEGF therapy) completed the planned 24 weeks of dosing without any additional intravitreal anti-VEGF injections; best-corrected visual acuity (BCVA) improved by more than 5 letters on average across the overall population, with the 3 treatment-naive patients improving by an average of 12 letters. Interim Phase I data as of February 2026 were published in the abstract of the 2026 American Academy of Ophthalmology (AAO) meeting, and HX9428 has received Fast Track Designation (FTD) from the US FDA, with Phase II studies in nAMD ongoing concurrently in China and the United States.
HX9428 is a novel oral small-molecule drug developed in-house for vascular retinal diseases including nAMD, DME and RVO. Current anti-VEGF therapy requires intravitreal injection, and oral administration is expected to offer patients a more convenient alternative. The company listed on the Main Board of the Hong Kong Stock Exchange in October 2025.

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