Viatris (Nasdaq: VTRS) today announced the US commercial launch of Ryzumvi (phentolamine ophthalmic solution) 0.75% for the treatment of pharmacologically-induced mydriasis produced by adrenergic agonists (eg, phenylephrine) or parasympatholytic (eg, tropicamide) agents.
The USA-based drugmaker said that Ryzumvi is now the only US commercially available FDA-approved eye drop to reverse dilation.
US ophthalmics company Ocuphire Pharma (Nasdaq: OCUP) has a global license agreement with Viatris to co-develop and commercialize phentolamine ophthalmic solution 0.75%. Under the terms of this agreement, Ocuphire is eligible to receive regulatory and commercial milestones as well as royalties.
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