ClinicalTrials.gg
Not yet recruitingNCT07764965Updated Aug 14, 2026

Evaluation of PAN-90806 Eye Drops in Healthy Subjects

A Phase 1 interventional study of PAN-90806 Ophthalmic Solution and Vehicle Ophthalmic Solution in Wet Age Related Macular Degeneration and Neovascular (Wet) Age-Related Macular Degeneration, sponsored by Zhaoke (Guangzhou) Ophthalmology Pharmaceutical Ltd.. Not yet recruiting. Open to participants aged 18 Years to 50 Years, including healthy volunteers. Per ClinicalTrials.gov, last updated 2026-08-14.

Sponsored by Zhaoke (Guangzhou) Ophthalmology Pharmaceutical Ltd. (formerly part of Lee's Pharmaceutical Limited) · Phase 1, Interventional, and Health services research

Phase
Phase 1
Study type
Interventional
Enrollment
20
Allocation
Randomized
Ages
18 Years to 50 Years
Sex
All
01

Study summary

The goal of this clinical trial is to learn about the safety, tolerability, and systemic pharmacokinetics of PAN-90806 eye drops in healthy adults. It will also evaluate what medical problems participants may have when taking PAN-90806. The main questions it aims to answer are:

Is PAN-90806 eye drops safe and well tolerated in healthy participants? What are the systemic pharmacokinetic characteristics of PAN-90806 after ocular administration? What medical problems or adverse events do participants have when taking PAN-90806? Researchers will compare PAN-90806 eye drops to a placebo (a look-alike eye drop that contains no PAN-90806) to evaluate the safety, tolerability, and systemic pharmacokinetics of PAN-90806.

Participants will:

Receive PAN-90806 eye drops or placebo eye drops once daily in both eyes, one drop per eye, on Day 1 and Days 3 to 7, for a total of 6 dosing days Stay at the study center during the inpatient dosing period and attend scheduled study visits for screening, admission, dosing, and discharge Undergo blood sampling for pharmacokinetic testing, as well as eye examinations, laboratory tests, vital signs assessments, physical examinations, and ECGs

Read the detailed description

The goal of this Phase Ia clinical trial is to evaluate the safety, tolerability, and systemic pharmacokinetics of PAN-90806 eye drops in healthy adult volunteers. The study is designed to determine whether PAN-90806 eye drops can be administered safely in healthy participants and to describe how the drug is absorbed into the bloodstream after repeated ocular dosing. It will also assess what adverse events or other medical problems may occur during treatment.

The main questions this study aims to answer are:

Is PAN-90806 eye drops safe and well tolerated in healthy adult participants? What systemic pharmacokinetic characteristics does PAN-90806 show after administration as an eye drop? What eye-related or systemic adverse events occur during treatment with PAN-90806? Researchers will compare PAN-90806 eye drops with a placebo eye drop formulation that does not contain PAN-90806 but is otherwise identical in composition. This comparison will help evaluate the safety, tolerability, and systemic exposure profile of PAN-90806 under controlled conditions.

This is a randomized, double-blind, placebo-controlled, single-center Phase Ia study. A total of 20 healthy volunteers are planned for enrollment, with participants randomized in a 3:1 ratio to receive either PAN-90806 eye drops (10 mg/mL, 1.0%) or placebo eye drops. Both male and female participants may be enrolled. The study includes 4 visits: a screening visit from Day -14 to Day -1, an admission visit on Day 0, an inpatient dosing period from Day 1 to Day 8, and a discharge visit on Day 9. The total study duration for each participant is approximately 11 to 24 days.

Participants will:

Receive PAN-90806 eye drops or placebo eye drops once daily in both eyes, with 1 drop per eye, on Day 1 and on Days 3 through 7, for a total of 6 dosing days Be admitted to the clinical research unit and remain under inpatient observation during the treatment period Have all doses administered by study staff; self-administration will not be allowed Use single-dose preservative-free study medication containers, which will be discarded immediately after use Follow study restrictions during inpatient stay, including controlled meals, no smoking, no alcohol, no nicotine-containing products, no caffeine-containing foods or drinks, and no strenuous exercise Undergo intensive blood sampling for systemic pharmacokinetic assessment, with a total of 31 blood collection time points and approximately 155 mL of blood collected Complete ophthalmic and general safety assessments, including corneal endothelial cell examination, central corneal thickness, fluorescein corneal staining, lissamine green conjunctival staining, best corrected visual acuity, intraocular pressure, slit-lamp biomicroscopy, non-mydriatic fundus photography, laboratory tests, vital signs, physical examinations, ECGs, and adverse event monitoring The pharmacokinetic endpoints include Tmax, Cmax, AUC0-t, t1/2, Cmax,ss, AUCss, CL or CL/F, and DF. Safety and tolerability will be assessed through ocular examinations, laboratory evaluations, vital signs, ECGs, physical examinations, and the incidence and severity of ocular and systemic adverse events, including events of special interest.

Eligible participants must be healthy adults 18 to 50 years of age who meet specified body weight, BMI, ocular health, and general health requirements. Participants with clinically significant eye disease, recent surgery, relevant medical conditions, recent medication use, positive infectious disease screening, substance abuse, or other factors that may interfere with study safety or pharmacokinetic evaluation will be excluded.

Overall, this study is intended to provide an early clinical assessment of PAN-90806 eye drops in healthy volunteers by characterizing their safety profile and systemic pharmacokinetics after repeated bilateral ocular dosing under closely monitored inpatient conditions.

02

Conditions studied

  • Wet Age Related Macular Degeneration
  • Neovascular (Wet) Age-Related Macular Degeneration

Keywords

  • PAN-90806
  • Zhaoke
  • nAMD
  • Wet AMD
03

In context

Macular Degeneration

1,459 studies on the registry are indexed under Macular Degeneration; 238 are open to participants now.

This study's planned enrollment of 20 is below the median of 56 across 985 interventional studies indexed under Macular Degeneration.

Browse Macular Degeneration studies →

Lead sponsor

Zhaoke (Guangzhou) Ophthalmology Pharmaceutical Ltd. is the lead sponsor of 17 studies on the registry; 4 are open to participants now.

First submitted after Zhaoke (Guangzhou) Ophthalmology Pharmaceutical Ltd. left Lee's Pharmaceutical Limited.

Counted across the registry records on this site, refreshed daily.

04

Who can participate

Ages eligible
18 Years to 50 Years
Sexes eligible
All
Accepts healthy volunteers
Yes

Eligibility criteria

**Inclusion Criteria:**

  1. Aged 18 to 50 years, inclusive; male or female.
  2. Body weight: males ≥50.0 kg, females ≥45.0 kg; (BMI) between 19.0 and 25.0 kg/m², inclusive.
  3. At screening, in the investigator's judgment, the volunteer is in good health, with normal results or abnormal results without clinical significance for laboratory tests (hematology, blood chemistry, urinalysis), physical examination, vital signs, and .
  4. At screening, best-corrected visual acuity in either eye must be ≥0.8 (decimal notation using the national standard logarithmic visual acuity chart).
  5. At screening, in the investigator's judgment, findings in either eye for intraocular pressure, slit-lamp examination, corneal endothelial cell examination, central corneal thickness examination, and non-mydriatic fundus photography are normal or abnormal without clinical significance; and both NEI corneal and conjunctival scores are ≤3.
  6. Healthy volunteers (including women of and male healthy volunteers) must have no pregnancy plan during the trial and within 28 days after the end of the trial, and must voluntarily use effective .
  7. Healthy volunteers fully understand the study content, voluntarily participate and sign the form, and are willing to cooperate with completion of all study procedures.

**Exclusion Criteria:**

  1. Women of childbearing potential who are pregnant or lactating; or a positive blood pregnancy test at screening (for women of childbearing potential only).
  2. Active ocular inflammation or infection in either eye at screening.
  3. History of intraocular surgery in either eye, or history of ocular laser surgery.
  4. Wearing or planning to wear corneal or scleral contact lenses within 14 days before screening or during the study period.
  5. At screening, in the investigator's judgment, any disease or relevant medical history involving the eyes, immune system, cardiovascular system, kidneys, liver, respiratory system, metabolism, gastrointestinal system, endocrine system, blood, skin, sexually transmitted diseases, musculoskeletal system, nervous system, or psychiatric system that may affect the safety, tolerability, or systemic pharmacokinetic results of this trial.
  6. Any symptoms of respiratory tract infection within 14 days before screening (such as fever, sore throat, headache, runny nose, etc.).
  7. Use of any systemic (injectable or oral) or local (skin, eye, ear, or nose) medication within 28 days before screening or planned use during the study period, including over-the-counter cold or flu medications; however, local medications judged by the investigator not to affect the safety, tolerability, or systemic pharmacokinetic results of the trial are allowed as exceptions (such as artificial tears used outside the study period).
  8. Participation in another drug or medical device clinical trial within 90 days before screening or planned participation during the study period.
  9. Vaccination within 30 days before screening or planned vaccination during the study period.
  10. Blood donation or blood loss exceeding 200 mL within 90 days before screening.
  11. Any history of drug allergy, or known allergy at screening to any component of the product or auxiliary medications required for study procedures.
  12. Positive result for any of the four virology screening tests at screening ( surface antigen, antibody, Treponema pallidum antibody, antibody).
  13. Known drug abuse at screening, or a positive urine drug test (morphine, methamphetamine, ketamine).
  14. Average daily smoking or use of other nicotine-containing products more than 5 times per day within 90 days before screening (such as snuff, nicotine patches, nicotine gum, e-cigarettes, or nicotine inhalers).
  15. Average daily alcohol intake of more than 2 units within 90 days before screening (1 unit = 10 mL ethanol, equivalent to 200 mL beer at 5% alcohol, 25 mL spirits at 40% alcohol, or 83 mL wine at 12% alcohol).
  16. Average daily consumption of more than 8 cups of tea, milk tea, coffee, or caffeinated beverages within 90 days before screening (1 cup = 250 mL).
  17. During admission to the clinical trial ward, inability to comply with the standardized light and moderate diet, smoking cessation (including e-cigarettes), alcohol abstinence, avoidance of any food or beverages containing alcohol, nicotine, or caffeine (such as nicotine gum, coffee, tea, milk tea, chocolate, cola, etc.), and avoidance of strenuous exercise.
Terms in these criteria, in plain language(10)

Underlined terms in the criteria open these too. Explained by clinicaltrials.gg, not part of the registry record. The study team decides who can take part.

BMI (body mass index)

Weight in kilograms divided by height in metres squared. Example: 70 kg and 1.75 m gives 70 ÷ (1.75 × 1.75) ≈ 22.9.

What counts as overweight or obesity differs between countries (some use lower cut-offs), so go by the range the study states.

ECG (electrocardiogram)

A recording of the heart’s electrical activity, taken with stickers on the chest, arms and legs. It takes a few minutes and does not hurt.

Childbearing potential

Able to become pregnant: from the first period until menopause, unless permanently unable to through surgery (removal of the womb, or of both ovaries or both fallopian tubes).

Criteria for people of childbearing potential usually ask for a negative pregnancy test and for contraception during the study and for a time after it.

Contraception

Ways of preventing pregnancy. “Highly effective” methods fail less than 1% of the time a year when used correctly — for example an IUD or an implant.

Criteria usually say which methods count and how long to keep using them after the last dose, sometimes for male participants too. Some studies accept a partner’s vasectomy if it was confirmed successful and that person is the participant’s only sexual partner.

Informed consent

Before you join, the study team explains what taking part involves — its purpose, what happens, the risks and possible benefits — and answers your questions, so you can decide freely. Consent is usually recorded on a form (the informed consent form, ICF) signed by you or, where the law allows, by someone legally authorised to decide for you.

You can keep asking questions during the study, you are told of new information that matters, and you can choose to leave at any time.

Clinically significant

Judged by the study doctor to matter for your health or for the study. It is a doctor’s decision, so ask the study team if you are unsure whether something counts.

Investigational drug or device

A drug or device being studied in a clinical trial.

It may be new, or already approved and being studied for another use, dose or form. Criteria often leave out people who took part in another study of one within a recent period, commonly 30 days or five half-lives.

Hepatitis B tests

Hepatitis B is a virus that infects the liver. These are separate tests: HBsAg positive usually means a current infection (a recent vaccination can briefly cause it too); total anti-HBc (HBcAb) positive means an infection now or in the past; HBV DNA measures how much virus is in the blood.

Some studies accept a past infection if HBV DNA is undetectable, sometimes with antiviral medicine during the study. Check what this study allows.

Hepatitis C tests

Hepatitis C is a virus that infects the liver. An HCV antibody test can stay positive after an infection has cleared (and is occasionally positive without one); an HCV RNA test shows whether the virus is there now.

After treatment, hepatitis C counts as cured when HCV RNA is still undetectable 12 weeks or more after the treatment ended. Studies often accept people cured this way.

HIV

The human immunodeficiency virus, which weakens the immune system.

Many studies now accept people whose HIV is controlled on treatment, judged by the viral load and the CD4 count. Check the limits this study sets.

05

Study design

Phase
Phase 1
Primary purpose
Health services research
Allocation
Randomized
Intervention model
Parallel assignment
Masking
Double (Participant, Investigator)
Enrollment
20 participants (estimated)

Study arms

  • Experimental
    PAN-90806 Eye Drops, 1.0%, 10mg/mL

    Drug: PAN-90806 Ophthalmic Solution

  • Placebo comparator
    Vehicle Eye Drops, 0mg/mL

    Drug: Vehicle Ophthalmic Solution

Interventions

  • The medication was administered at 9:00am every morning on Day 1 and Day 3-Day 7 of hospitalization. Each time, the medication is administered to both eyes, 1 drop per eye, for a total of 6 days of treatment.

  • DrugVehicle Ophthalmic Solution

    The medication was administered at 9:00am every morning on Day 1 and Day 3-Day 7 of hospitalization. Each time, the medication is administered to both eyes, 1 drop per eye, for a total of 6 days of treatment.

06

What researchers measure

Primary outcomes

  1. Corneal endothelial cell examination (density(cells/mm2)

    Using Corneal endothelial cell analyzer for the Corneal endothelial cell examination

    Time frame: Day-14~Day -1, and Day 9 (set Day 0 as the day hospitalized)

  2. Corneal endothelial cell examination (coefficient of variation(% of variation in total endothelial cell size ))

    Using Corneal endothelial cell analyzer for the Corneal endothelial cell examination

    Time frame: Day-14~Day -1, and Day 9 (set Day 0 as the day hospitalized)

  3. Corneal endothelial cell examination(proportion of hexagonal cells(%))

    Using Corneal endothelial cell analyzer for the Corneal endothelial cell examination

    Time frame: Day-14~Day -1, and Day 9 (set Day 0 as the day hospitalized)

Secondary outcomes

  1. Central corneal thickness (μm)

    Central corneal thickness measurement;

    Time frame: Day-14~Day -1, and Day 9 (set Day 0 as the day hospitalized)

  2. sodium fluorescein staining score of the cornea (NEI scale for the score)

    Time frame: Day-14~Day -1, Day 2, Day 4, Day 6 and Day 9(set Day 0 as the day hospitalized)

  3. Conjunctival lissamine green staining score of the cornea (NEI scale for the score)

    Time frame: Day-14~Day -1, Day 2, Day 4, Day 6 and Day 9(set Day 0 as the day hospitalized)

  4. Best corrected visual acuity(National standard logarithmic eye chart of China)

    Time frame: Day-14~Day -1, Day 2, Day 4, Day 6 and Day 9 (set Day 0 as the day hospitalized)

  5. intraocular pressure measurements(mmHg)

    Non-contact tonometer or rebound tonometer for the measurements

    Time frame: Day-14~Day -1, Day 2, Day 4, Day 6 and Day 9 (set Day 0 as the day hospitalized)

  6. slit-lamp biomicroscopy

    The eyelids, conjunctiva, cornea, iris, anterior chamber, lens and other parts were observed through the slit lamp, and the researchers Determine whether the test results are abnormal and have clinical significance

    Time frame: Day-14~Day -1, Day 2, Day 4, Day 6 and Day 9 (set Day 0 as the day hospitalized)

  7. non-dilated retinal photography

    Use a non-mydriatic wide-angle fundus camera. No need to dilate your pupils. Follow the instructions for taking pictures.

    Time frame: Day-14~Day -1, and Day 9 (set Day 0 as the day hospitalized)

  8. The incidence of adverse events

    Adverse events are coded using the Chinese version of MedDRA 29.0 and above. Adverse events (TEAEs) and adverse reactions that occurred during treatment were summarized according to system organ classification (SOC) and preferred term (PT), and the number, occurrence and percentage of all volunteers who experienced TEAEs and adverse reactions were counted.

    Time frame: Day 1~Day 9

  9. The severity of adverse events

    The severity of adverse events is divided into three levels: mild, moderate and severe.

    Time frame: Day 1~Day 9

  10. blood pressure (using the portable blood pressure monitor, mmHg)

    The researcher will determine whether the test results are abnormal and have clinical significance.

    Time frame: Day-14~Day -1, and Day 9 (set Day 0 as the day hospitalized)

  11. Pulse (using the portable blood pressure monitor, beats per minute (BPM))

    The researcher will determine whether the test results are abnormal and have clinical significance.

    Time frame: Day-14~Day -1, and Day 9 (set Day 0 as the day hospitalized)

  12. Body temperature (Body temperature detection using infrared ear thermometer, ℃)

    The researcher will determine whether the test results are abnormal and have clinical significance.

    Time frame: Day-14~Day -1, and Day 9 (set Day 0 as the day hospitalized)

  13. physical examination

    Physical examination, including skin, lymph nodes, head and neck, chest, abdomen, spine and extremities, nervous system and others. The researcher will judge whether the test results are abnormal and have clinical significance.

    Time frame: Day-14~Day -1, and Day 9 (set Day 0 as the day hospitalized)

  14. electrocardiogra (Heart rate, PR interval(ms), QRS time limit(ms), QT/QTc interval(ms))

    The researcher will determine whether the test results are abnormal and have clinical significance.

    Time frame: Day-14~Day -1, and Day 9 (set Day 0 as the day hospitalized)

  15. electrocardiogra (Heart rate)

    The researcher will determine whether the test results are abnormal and have clinical significance.

    Time frame: Day-14~Day -1, and Day 9 (set Day 0 as the day hospitalized)

  16. electrocardiogra (PR interval(ms))

    The researcher will determine whether the test results are abnormal and have clinical significance.

    Time frame: Day-14~Day -1, and Day 9 (set Day 0 as the day hospitalized)

  17. electrocardiogra (QT/QTc interval(ms))

    The researcher will determine whether the test results are abnormal and have clinical significance.

    Time frame: Day-14~Day -1, and Day 9 (set Day 0 as the day hospitalized)

Other outcomes

  1. Pharmacokinetic parameters

    Tmax: Time to Maximum Observed Concentration(hour)

    Time frame: Day 1, day 3, day 4, day 5, day 6, day7

  2. Pharmacokinetic parameters

    Cmax: Maximum Observed Concentration(ng/mL)

    Time frame: Day 1, day 3, day 4, day 5, day 6, day7

  3. Pharmacokinetic parameters

    AUC0-t: Area Under the Concentration-Time Curve from Time Zero to the Last Measurable Time Point

    Time frame: Day 1, day 3, day 4, day 5, day 6, day7

  4. Pharmacokinetic parameters

    t1/2: Terminal Elimination Half-Life(hour)

    Time frame: Day 1, day 3, day 4, day 5, day 6, day7

  5. Pharmacokinetic parameters

    Cmax,ss: Maximum Observed Concentration at Steady State(ng/mL)

    Time frame: Day 1, day 3, day 4, day 5, day 6, day7

  6. Pharmacokinetic parameters

    AUCss: Area Under the Concentration-Time Curve at Steady State CL: Clearance

    Time frame: Day 1, day 3, day 4, day 5, day 6, day7

  7. Pharmacokinetic parameters

    CL: Clearance(mL/min)

    Time frame: Day 1, day 3, day 4, day 5, day 6, day7

  8. Pharmacokinetic parameters

    CL/F: Apparent Clearance (Clearance after Extravascular Administration, adjusted for Bioavailability) (mL/min)

    Time frame: Day 1, day 3, day 4, day 5, day 6, day7

  9. Pharmacokinetic parameters

    DF: Degree of Fluctuation(%)

    Time frame: Day 1, day 3, day 4, day 5, day 6, day7

07

Study locations

No study locations are listed for this record.

08

References and documents

Individual participant data

Plan to share: No

No publications or documents are linked to this record.

09

Timeline

Tracking since Sep 25, 2026
ElapsedEstimatedEstimated, not yet reachedSimilar studies: half by the dot; the band is the middle halfHalf of similar studies reached it by the dot; the band is the middle half, from a quarter to three quarters

Start is estimated for Sep 2026; primary completion for Dec 2026, 3 months later.

Of 60 industry-sponsored phase 1 interventional studies under Macular Degeneration, half reached primary completion within 15 months of starting (the median), counting those still running; a quarter within 9 and three quarters within 27. This study's planned 3 months is below that.

Counting every sponsor, half of 75 studies reached it within 18 months; a quarter within 10 and three quarters within 30.

How these figures are worked out, and which studies are left out of them.

Registered
Jun 22, 2026
First posted
Aug 14, 2026
StartEst.
Sep 30, 2026
Primary completionEst.
Dec 30, 2026
CompletionEst.
Dec 30, 2026
Last update
Aug 14, 2026
What these dates mean
Start.
When the first participant enrolled; while estimated, when the study expects to open to recruitment.
Primary completion.
When the last participant was examined or treated to collect data for the study's main question, its primary outcome. A study that stopped early gives the date its data collection stopped.
Completion.
When the last participant's last visit took place, for every outcome, secondary ones and side effects included: the end of the study. Often later than primary completion, sometimes the same day.
Actual and Est.
Actual means the registry says the date has happened. Est. (estimated) is a date the sponsor plans or expects. It can still move, and the sponsor is expected to change it to actual once it has passed.
No changes since tracking began. The registry record was last updated on Aug 14, 2026, before this site started recording changes on Sep 25, 2026. Its history is on ClinicalTrials.gov ↗
10

Registry details

Key details

Study ID
NCT07764965
Collaborators
The Second Hospital of Anhui Medical University
Responsible party
Sponsor
First posted
Aug 14, 2026
Start date
Sep 30, 2026 (estimated)
Primary completion
Dec 30, 2026 (estimated)
Completion
Dec 30, 2026 (estimated)
Last update
Aug 14, 2026

Study contacts

Wei Hu, Medical Doctor
Contact
officegcp@ayefy.com
(+86)13856086475

Oversight

Data monitoring committee
No
FDA-regulated drug
No
FDA-regulated device
No
View the source record on ClinicalTrials.gov ↗

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Studies of the drug tested here: Cp-547632

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