M&A
confidence high
sentiment positive
materiality 0.65
Eton Pharma acquires U.S. rights to PKU GOLIKE for $2.2M upfront plus milestones and 30% royalty
Eton Pharmaceuticals, Inc.
- Acquired U.S. rights to PKU GOLIKE for $2.2M upfront, up to $2M milestones, and 30% royalty on net sales.
- PKU GOLIKE targets phenylketonuria (PKU) in an estimated $100M U.S. medical formula market.
- Deal expected to be accretive to 2024 earnings; peak sales forecast >$10M annually.
- Also acquired U.S. rights to line extensions for tyrosinemia, homocystinuria (launch 2025/2026) and right of first negotiation for RLF-OD032.
- Product complements Eton's metabolic franchise; promoted by existing sales force targeting metabolic geneticists.