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ABVC BioPharm amends ophthalmology license deal to allow incremental milestone payments
ABVC BIOPHARMA, INC.
- ABVC and BIOFIRST amended licensing agreement with ForSeeCon Eye Corp (FEYE) covering ophthalmology pipeline including Vitargus.
- Second milestone payment of $3.5M can now be paid incrementally (e.g., $100k) at any time, rather than a single lump sum.
- Amendment dated June 18, 2024; all other terms of the original March 25, 2024, license remain unchanged.