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Triggered by FDA approval of clobetasol propionate ophthalmic suspension for post-operative inflammation and pain following ocular surgery.
March 6, 2024
By: Kristin Brooks
Managing Editor, Contract Pharma
Sosei Group Corp. announced that Formosa Pharmaceuticals, Inc. has received approval from the U.S. FDA for clobetasol propionate ophthalmic suspension 0.05% (APP13007), for the treatment of post-operative inflammation and pain following ocular surgery. The milestone has triggered a $2.5 million payment to Sosei Heptares from Formosa. APP13007 was originally designed and developed at Activus Pharma Inc., formerly a wholly owned subsidiary of the company. Activus was divested in August 2017 to...
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