Aerie Signs an Exclusive Agreement with Santen for Rhopressa and Rocklatan to Treat Glaucoma or Ocular Hypertension in EU and Other Countries
Shots:
- Aerie to receive $88M up front, $77M in development, regulatory & sales milestones & is also eligible to receive additional consideration ~25% of the products net sales along with royalties
- Santen will be responsible for sales, marketing and pricing decisions related to the products & will lead the development, commercialization costs & activities in the countries except a post-marketing clinical study to be conducted by Aerie for Roclanda in the EU
- Aerie will be responsible for the manufacture & supply of products utilizing the Athlone, Ireland plant. Rhopressa & Rocklatan are approved in the US & EU which is also known as Rhokiinsa & Roclanda, respectively
Ref: Aerie Pharmaceuticals | Image: Aerie
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