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Ocugen has licensed exclusive MENA rights for OCU400, its modifier gene therapy for retinitis pigmentosa, to Roots Pharmaceutical & its strategic partner Al-Dhow International Holding
As per the deal, Ocugen will receive ~$4M in upfront fee & development milestones, plus ~$255M in sales milestones, & royalties equaling 22% of OCU400 net sales by Roots Pharmaceutical
Ocugen will manufacture OCU400’s commercial supply under a separate agreement, while advancing its P-III (liMeliGhT) trial, with topline results readout expected in Q1’27, followed by planned US BLA and European MAA submissions
Ref: Globenewswire | Image: Ocugen & Roots Pharmaceutical | Press Release
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