LENZ Therapeutics and Arrotex Pharmaceuticals sign exclusive license deal for VIZZ in Australia and New Zealand

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โดย GlobeNewswire·Read original
Summary · why it matters

LENZ Therapeutics and Arrotex Pharmaceuticals have entered an exclusive license and commercialization agreement for VIZZ, an aceclidine-based eye drop for presbyopia, in Australia and New Zealand. Under the deal, LENZ will receive an upfront payment and a significant profit share of gross margin from product sales, while Arrotex obtains exclusive rights to register and commercialize VIZZ in those markets. This marks LENZ's fifth commercialization partnership for VIZZ outside the United States, following its FDA approval in July 2025 and U.S. launch in October 2025. Arrotex, Australia's largest pharmaceutical company and part of DBG Health, will leverage its extensive pharmacy network to bring the once-daily, preservative-free treatment to patients. VIZZ is the first and only FDA-approved aceclidine-based eye drop designed to restore near vision for up to 10 hours.

Impact on stocks 1

Aging Population · 1 stocks
LENZ Therapeutics Inc
LENZ
▲ PositiveDemandrelevance

LENZ signs exclusive license deal for VIZZ in Australia and New Zealand, expanding commercialization and generating upfront payment and profit share.

Off-coverage companies 1

Arrotex PharmaceuticalsPrivate▲ Positive
Demandrelevance

Arrotex gains exclusive rights to commercialize VIZZ, a novel presbyopia treatment, leveraging its pharmacy network.