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Stock impact report

Santen, Arctic Vision sign deal for ARVN001 to treat UME [Yahoo! Finance]

Clearside Biomedical, Inc. (CLSD) 
Last clearside biomedical, inc. earnings: 3/11 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.clearsidebio.com/investor-overview
Company Research Source: Yahoo! Finance
The agreement grants Santen exclusive commercialisation rights in China, excluding Hong Kong, Macau and Taiwan. Arctic Vision will obtain up to $85m in upfront and milestone payments. The partnership aims to combine the strengths of both companies to serve UME patients and expand in the Chinese ophthalmology market. Santen Pharmaceutical chief operating officer and board director Rie Nakajima said: “Through this partnership with Arctic Vision, an ophthalmic biotech company that continues to pioneer new developments, we will be able to bring this potentially first reimbursable UME treatment to patients in China. “This partnership has the potential to create new opportunities for Santen to address unmet needs related to the posterior segment eye diseases in China.” ARVN001, formulated for administration into the suprachoroidal space, is a suspension of triamcinolone acetonide. Under the brand name XIPERE, it has been approved by the US Food and Drug Administration for UME tre Show less Read more
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