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Zhaoke Signs $130 Million Deal for Two Eyedrop Near-Vision Treatments

publication date: May 11, 2022

Zhaoke Ophthalmology of Hong Kong acquired China/Southeast Asia rights for two eyedrop candidates designed to improve near vision from Seattle’s Visus Therapeutics in a $130 million deal. Brimochol PF and Carbachol PF are investigational, once-daily therapeutics that reduce the size of the pupil, resulting in a “pinhole effect,” allowing only centrally focused light rays to enter the eye. This sharpens near and intermediate images. ZKO will make a $15 million upfront payment and up to $115 million in milestones, plus royalties. More details....

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