m_and_a
confidence high
sentiment positive
materiality 0.65
Harrow licenses exclusive U.S. rights to BYQLOVI ophthalmic steroid from Formosa
HARROW, INC.
- Upfront payment of $500,000 at first commercial sale; additional milestone payments and royalties on gross profits.
- BYQLOVI is first new ophthalmic steroid class in over 15 years; FDA-approved for post-op inflammation/pain.
- Expected launch in Q4 2025; U.S. market exceeds 7M annual ophthalmic surgeries.
- Clinical data: 77-85% pain-free at Day 4; 1.4% elevated IOP; BID dosing 14 days without loading/maintenance.
- Formulated with Formosa's proprietary APNT nanoparticle technology.
item 8.01item 9.01