Harrow has acquired the global rights to Tyrvaya from Viatris in a deal worth up to $100 million, according to a press release.
Harrow will pay $30 million at closing, which is expected in the second half of the year. The agreement also includes payments of up to $70 million based on net sales, according to the release.
Tyrvaya (varenicline solution) is a nasal spray indicated for the treatment of signs and symptoms of dry eye disease. It is currently approved in the U.S., China and Taiwan.
With its different mechanism of action, Harrow said Tyrvaya will be a good complement for Vevye
โ Curated from external eye-care sources for opthametry.com readers.
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