Kiora Pharmaceuticals Grants Senju Exclusive Option for KIO-301 Ophthalmic Treatment in Asia

Reuters
06-03
<a href="https://laohu8.com/S/KPRX">Kiora Pharmaceuticals</a> Grants Senju Exclusive Option for KIO-301 Ophthalmic Treatment in Asia

Kiora Pharmaceuticals Inc. has announced a strategic partnership with Senju Pharmaceutical Co., Ltd. granting Senju an exclusive option for the development and commercialization of KIO-301, aimed at treating ophthalmic diseases, across key Asian markets including Japan and China. The total potential deal value is estimated to be $110 million, in addition to tiered royalties on sales. Kiora is set to receive an immediate $1.25 million fee for this exclusive option, and should Senju exercise the option, Kiora will obtain a further mid-single digit million up-front payment along with development, regulatory, and commercial milestones. This agreement strengthens Kiora's global commercial reach, complementing their ongoing partnership with Théa outside of Asia, and highlights the demand for innovative treatments for retinal conditions such as retinitis pigmentosa.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kiora Pharmaceuticals Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001372514-25-000050), on June 03, 2025, and is solely responsible for the information contained therein.

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