Ocugen and Roots Pharmaceutical agree to up to 259 million dollar OCU400 licensing deal in MENA

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6 hours ago

Ocugen and Roots Pharmaceutical agree to up to 259 million dollar OCU400 licensing deal in MENA — Ocugen MENA gene therapy deal

Ocugen has finalized a licensing agreement with Roots Pharmaceutical for its OCU400 gene therapy in the MENA region. The deal includes up to 4 million dollars in upfront and early development milestone payments, with potential sales milestones of 255 million dollars and a 22 percent royalty on net sales.

The partnership is set to advance the global commercialization of OCU400, expanding Ocugen's reach into new international markets.

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Ocugen previously gained provisional approval and priority designation for OCU400 gene therapy in the Bahamas, advancing regulatory progress in that market via earlier filings. The company also launched a commercial Expanded Access Program in the Bahamas to provide OCU400 for retinitis pigmentosa, according to company announcements. These steps laid the groundwork for Ocugen’s continued international expansion.

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