Yuyu Pharma Announces First Patient Enrolled in Phase 2 Clinical Study Evaluating YP-P10 Ophthalmic Solution for the Treatment of Dry Eye Disease 

(SEOUL, South Korea, July 20, 2022) –Yuyu Pharma announces the enrollment of the  first patient in a phase 2 clinical study evaluating YP-P10, a novel and patented  synthetic peptide with anti-inflammatory and wound healing properties to treat patients  with dry eye disease (DED).  

As part of its ongoing commitment to global expansion and continuous innovation, Yuyu  received clearance in April 2022 from the U.S. Food and Drug Administration (FDA) for  its Investigational New Drug Application (IND) for YP-P10 Ophthalmic Solution. 

This clearance enabled Yuyu to initiate the phase 2 clinical study, named ICECAP  (randomIzed plaCebo EffiCacy sAfety yP-p10), to evaluate the safety, tolerability, and  efficacy of YP-P10 to help advance the treatment of patients with DED. The study will  be conducted in the United States at seven sites with 240 patients

“We are pleased to enroll our first patient in ICECAP 1, the phase 2 clinical study of YP P10 Ophthalmic Solution,” said Robert Yu, CEO of Yuyu Pharma. “This is our first  biopharmaceutical clinical trial within the United States, and we are enthusiastic about  its potential to assist patients with DED who struggle to find lasting relief with alternative  therapies currently available in the market.” 

Despite the availability of therapeutic options for nearly 20 years, DED remains a  persistent and challenging condition to treat. The prevalence of DED ranges from 5% to  50% of the population, affecting women much more frequently than men.1 Results from  a survey of 415 U.S.-based patients with DED showed that almost half (48%) of  respondents said they followed their treatment plan carefully, but only 13% experienced  lasting relief.2 

Developed by Yuyu Pharma R&D, YP-P10 Ophthalmic Solution has the potential to  provide more relief to patients with DED. Preclinical data show that YP-P10 was a more  active immunomodulator than lifitegrast in lowering pro-inflammatory cytokines and  chemokines production in human peripheral blood mononuclear cells (PBMCs) when  stimulated by lipopolysaccharide (LPS).3

Additional studies in dry eye animal models have shown that there are dose-dependent  decreases in several dry eye-associated inflammatory mediators and improvement in  corneal damage. These findings indicate that YP-P10 has corticosteroid-like anti inflammatory activity on dry eye-induced ocular surface inflammation. 

“Dry eye disease has remained a challenge for patients, and management conundrum  for Eye Care Professionals despite the approval of multiple therapeutic options,” said  Francis Mah, MD, Director of Cornea Services at Scripps Clinic. “A new therapeutic  option with a more potent immunomodulatory effect is of great interest, and I look  forward to seeing how YP-P10 performs in the clinic.” 

About Yuyu Pharma 

With over 80 years in the healthcare industry, Yuyu Pharma (KRX: 000220) is a rapidly  scaling global pharmaceutical company founded in Seoul, South Korea. Yuyu is  committed to developing innovative therapeutics in the area of neurology, dermatology,  urology, and ophthalmology. For additional information about the company, please  reach out to the media contact listed below.  

Forward-Looking Statements 

This press release includes forward-looking statements that may not assure future  performance or results of Yuyu Pharma or YP-P10. The statements made in this press  release represent Yuyu Pharma’s views as of the date of this press release. Yuyu  Pharma acknowledges that these forward-looking statements may involve uncertainties  and other factors that may cause results, performance or achievements to be different  from those expressed or implied based on the information shared on the release date of  this press release. Please note, Yuyu Pharma does not revise or update any forward looking statements as a result of new information or future events.  

Investor Contact 

Noel Park 

Chief Financial Officer, Yuyu Pharma 

+82-2-2253-6600 

nypark@yuyu.co.kr

Media Contact 

Lauren Rose 

Public Relations Manager, RHMM 

(214) 686-0737 

Lauren@rhmminc.com 

References: 

1. Stapleton F, Alves M, Bunya VY, Jalbert I, Lekhanont K, Malet F, et al. TFOS DEWS  II Epidemiology Report. Ocul Surf. 2017;15(3):334-65 

2.Mukamal R. Why is dry eye so difficult to treat? American Academy of  Ophthalmology. September 15,2021. Accessed April 18, 2022.  

https://www.aao.org/eye-health/tips-prevention/fix-dry-eye-treatment-eyedrops 3.Data on file, Yuyu Pharma; 2022

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