Harrow Acquires US & Canadian Commercial Rights To VEVYE (Cyclosporine Ophthalmic Solution) 0.1% From Novaliq; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Harrow Health, Inc. (HROW) has acquired the US and Canadian commercial rights to VEVYE, a Cyclosporine Ophthalmic Solution, from Novaliq. The terms of the deal were not disclosed. VEVYE was approved by the FDA on May 30, 2023.
July 18, 2023 | 8:04 pm
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POSITIVE IMPACT
Harrow Health's acquisition of the commercial rights to VEVYE could potentially increase its market share and revenues in the future.
Acquiring the commercial rights to a FDA-approved product like VEVYE could potentially increase Harrow Health's market share and revenues. However, the impact will depend on the successful commercialization of the product and the market response.
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IMPORTANCE 75
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