Inclusion Criteria:

To be eligible to participate in this study, candidates must meet the following eligibility criteria at the time of randomization:

• Must give written informed consent and authorize the release and use of protected health information (PHI).
• Must be 18 to 50 years old, inclusive, at the time of informed consent.
• Must have acute unilateral optic neuritis with or without prior diagnosis of MS (according to McDonald criteria).
• Symptoms related to optic neuritis must exist for no longer than 10 days prior to inclusion.
• Must have had normal visual acuity on both eyes before and no history of optic neuritis.
• Must have a decreased visual acuity on the affected eye to 0.5 or less at screening.

Exclusion Criteria:

Candidates will be excluded from study if any of the following exclusion criteria exist at the time of randomization:

Medical history:

• Abnormal laboratory results or clinical signs indicative of any significant cardiac, endocrinologic, hematologic, hepatic, immunologic, metabolic, urologic, pulmonary, gastrointestinal, dermatologic, psychiatric, renal, neurological (other than MS), and/or other major disease.
• History of prior optic neuritis on the affected or non-affected eye.
• History of squint or amblyopia on either side.
• Hyperopia > 3dptr on either side.
• Myopia < -5dptr on either side.
• Astigmatism > 2dptr on either side.
• Horizontal cup disc ratio > 0.5 on either side.
• Retinal nerve fiber layer thickness outside normal values (with respect to the OCT data base).
• Ocular diseases effecting visual acuity or visual fields (cataract, glaucoma, maculadegeneration, diabetic retinopathy, retinal heredodegeneration or others).
• History of elevated blood pressure.
• Systolic blood pressure of > 159 mmHg, diastolic blood pressure > 99 mmHg at screening examination.
• History of thromboembolic events.
• Frequent thromboembolic events in 1st grade family members.
• Significant surgery within the 4 weeks prior to randomization.
• History of severe allergic or anaphylactic reactions after administration of Epo.
• History of malignancy.
• History of seizures.
• Tuberculosis with ongoing or unknown activity.
• Acute gastrointestinal ulceration within the last three months.
• Acute virus, bacterial or fungus infection.
• Infection with HIV, HBV, or HCV.
• History of colitis ulcerosa, diverticulitis, or acute enteroanastomosis.
• Severe osteoporosis.
• Active immunization within 2 weeks prior to inclusion.
• Diagnosis of phenylketonuria.
• Implanted cardiac pacemaker or other non MRI-compatible metallic body implants.
• History of drug or alcohol abuse (as defined by the investigator) within 2 years prior to randomization.
• Any of the following abnormal blood tests at screening: alanine transaminase/serum glutamate-pyruvate transaminase (AST/SGPT), or aspartate transaminase/serum glutamicoxaloacetic transaminase (AST/SGOT), gamma-glutamyl-transferase (GGT), or serum creatinine > 2 times the upper limit of normal; hematocrit > the upper limit of normal.

Treatment history

• Prior treatment with cyclosporine, mitoxantrone, methotrexate, cyclophosphamide or other immunosuppressive agents.
• Treatment with corticosteroids or Epo within 30 days prior to randomization. Miscellaneous
• Female subjects considering becoming pregnant while in the study.
• Female subjects who are currently pregnant or breast-feeding.
• Previous participation in this study or any other investigational drug study within the last four weeks.
• Current enrollment in any other investigational drug study.
• Unwillingness or inability to comply with the requirements of the protocol including the presence of any condition (physical, mental, or social) that is likely to affect the subject's ability to comply with the protocol.
• Any other reasons that, in the opinion of the investigator, the subject is determined to be unsuitable for enrollment in this study.