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Arctic Vision Acquires China Rights to Macular Edema Treatment in $35.5 Million Deal

publication date: Mar 12, 2020

Arctic Vision of Shanghai in-licensed greater China rights to Xipere™, a treatment for macular edema associated with uveitis, from Clearside Bio in a $35.5 million agreement. Founded last year, Arctic in-licenses breakthrough ophthalmology products for China. Xipere is its first deal. Arctic plans to acquire China rights to 3-5 products and then expand to a combination of global rights and internal discovery for additional drugs. Clearside, which is located in Alpharetta, Georgia, said Xipere is a proprietary suspension of the corticosteroid triamcinolone acetonide. More details....

Stock Symbol: (NSDQ: CLSD)

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