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Eyenovia, Inc.Eyenovia, Inc.Eyenovia, Inc.

Eyenovia, Inc.

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Eyenovia and Arctic Vision Announce Exclusive CollaborationEyenovia and Arctic Vision Announce Exclusive Collaboration and License Agreement to Develop and Commercialize MicroPine and MicroLine in Greater China and South Korea Eyenovia Eligible to Receive up to a Total of $45.75 million in Upfront Payments and Development and Commercialization Milestones and Development Costs Arctic Vision to Lead Expansion of Novel Approach to Treating Myopia and Presbyopia in Greater China and South Korea Arctic Vision will purchase its supply of MicroPine and MicroLine from Eyenovia or, for such products not supplied by Eyenovia, pay Eyenovia a mid-single digit percentage royalty on net sales of such products. This licensing agreement with Arctic Vision grows our commercial reach to address some of the largest progressive myopia markets in the world. In Asia, it is estimated that up to 50% of children in some regions are myopic, and the figure is increasing. finance.yahoo.com seekingalpha.com
NASDAQ:EYEN
by AlenCiken