M&A
confidence high
sentiment positive
materiality 0.85
ABVC enters global licensing deal for Vitargus; potential total fees of $33.5M plus royalties up to $60M
ABVC BIOPHARMA, INC.
- 20-year exclusive global license with ForSeeCon Eye Corp for ophthalmology pipeline including Vitargus.
- ABVC and co-development partner BioFirst each to receive $30M upfront (cash or 5M shares of FEYE at $6/share) within 30 days.
- Additional $3.5M cash milestone per party after next fundraise; 5% royalty on net sales capped at $60M per entity.
- Vitargus valued at $187M by third-party valuer; ABVC retains R&D role for ophthalmic products.
- License covers clinical trial, registration, manufacturing, supply, and distribution rights.