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Novartis gets ex-US rights to Ophthotech’s wet AMD candidate Fovista

Executive Summary

Ophthotech Corp. (eye disorder treatments) licensed Novartis Pharmaceuticals Corp. exclusive worldwide rights outside of the US to its pegylated aptamer Fovista (E10030; ARC127), a platelet-derived growth factor (PDGF) beta receptor antagonist in Phase III for wet age-related macular degeneration (AMD) either as a monotherapy or in combination with an anti-vascular endothelial growth factor (VEGF) agent (such as Lucentis, Avastin (bevacizumab), or Eylea (aflibercept)).
Deal Industry
  • Pharmaceuticals
  • Pharmaceuticals
    • Drug Delivery
  • Biotechnology
    • Antisense, Oligonucleotides
    • Large Molecule
Deal Status
  • Final
Deal Type
  • Alliance
    • Includes Royalty or Profit Split Information
    • R&D and Marketing (Licensing)

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