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Ji Xing In-licenses China Rights to Eye Drop Therapies for Far-Sightedness

publication date: Apr 13, 2022

Shanghai Ji Xing Pharma in-licensed Greater China rights for two eye-drop far-sightedness therapies from San Diego’s Lenz Therapeutics in a $110 million pact. Lenz’s two therapies are based on aceclidine, a small molecule acetylcholine receptor agonist that causes pupil contraction (miosis), creating a pinhole effect that improves near vision. Ji Xing is backed by New York’s RTW Investments, which invested $10 million in Lenz. Ji Xing will pay $15 million upfront and up to $95 million in milestones, plus royalties. Lenz plans to start US Phase III trials of the two presbyopia therapies in H2 of 2020. More details....

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