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    [{"orgOrder":0,"company":"Formosa Laboratories","sponsor":"Sosei Heptares","pharmaFlowCategory":"D","amount":"$8.5 million","upfrontCash":"Undisclosed","newsHeadline":"Sosei Heptares to Receive US$2.5 Million Milestone Payment from Formosa Pharmaceuticals","therapeuticArea":"Ophthalmology","highestDevelopmentStatus":"Phase III","country":"TAIWAN","productType":"Small molecule","productStatus":"Approved","date":"March 2021","url1":"","url2":"","graph1":"Ophthalmology","graph2":"Phase III"}]

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              Sosei Heptares to Receive US$2.5 Million Milestone Payment from Formosa Pharmaceuticals

              Details:

              First patient is dosed in a 370-patient in Phase 3 trial of APP13007 in the US. Sosei Heptares will receive undisclosed milestone payments based on progression of Activus' pipeline and royalties from the commercialization of certain products should they reach the market.

              Lead Product(s): Clobetasol Propionate

              Therapeutic Area: Ophthalmology Product Name: APP13007

              Highest Development Status: Phase III Product Type: Small molecule

              Recipient: Sosei Heptares

              Deal Size: $8.5 million Upfront Cash: Undisclosed

              Deal Type: Agreement March 11, 2021

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