InSite Vision Receives $15M in Royalties for Pink-Eye Treatment

InSite Vision has earned $15 million for future royalties of Besivance, its pink-eye antibacterial eye drop, according to a San Francisco Business Times report.

Bess Royalty and SWK Funding are expected to pay an additional $1 million to InSite if Besivance sales goals are met by February 2014.

Besivance has been FDA approved since 2009 and is sold worldwide by Bausch + Lomb.

More Articles on Ophthalmology:
Devers Eye Institute Offers Corneal Crosslinking
Dr. Mary Green Honored as Sightpath Top Surgeon
IRIDEX, Peregrine Surgical Partner






Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Webinars

Featured Whitepapers

Featured Podcast