First TakeGlobal License Agreement • November 8th, 2022
Contract Type FiledNovember 8th, 2022Strategically moving pieces to align novel ophthalmology platform. We highlight that Ocuphire’s announced global license agreement for development and commercialization of its lead small molecule eye drop candidate Nyxol reflects one aspect of several positive strategic moves involving not only Ocuphire, but global healthcare company Viatris Inc. (VTRS; not rated), Famy Life Sciences (private), and Oyster Point Pharma (OYST; Buy; Caufield). At a high level, we note the announcement of Ocuphire’s exclusive development and commercialization license agreement with Famy directly coincides with Viatris’ announced acquisition of both: (1) Famy Life Sciences; and