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Everest Medicines acquires rights to develop and sell VIZZ eye drops for presbyopia in Greater China.

Company Fundamentals
07 Jun 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Everest Medicines has acquired the rights from Corxel Pharmaceuticals to develop, manufacture, and commercialize VIZZ (LNZ100), an aceclidine-based eye drop for presbyopia, in Greater China. The drug's New Drug Application was submitted in China in September 2025, with approval expected by Q1 2027. LENZ Therapeutics, the original developer, will receive up to $85 million in milestones and royalties from sales in the region. This deal supports Everest's focus on ophthalmology and aims to provide a novel, non-invasive treatment option for the growing presbyopia patient population in China and surrounding areas.

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