Allegro Ophthalmics, Senju Pharmaceuticals Partner to Market Vascular Eye Diseases Treatment in Japan

Allegro Ophthalmics, a San Juan Capistrano, Calif.-based retinal vascular disease treatment company, has partnered with Senju Pharmaceuticals, Osaka, Japan-based ophthalmic preparations company, to develop and market its Integrin Peptide Therapy in Japan.

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Allegro Integrin Peptide Therapy is an intravitreal injection designed to treat diseases such as macular degeneration and diabetic macular edema.

Senju will pay Allegro an upfront license fee, a percentage of royalty sales and sales milestone fees in exchange for the right to co-develop and market the peptide therapy in Japan.

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