Oculis to buy Privosegtor rights from Accure Therapeutics for $3.8 million and up to 2,050,000 shares
Oculis has signed an asset purchase agreement with Accure Therapeutics to acquire the worldwide development and commercial rights to Privosegtor and, in a separate closing, ACT02. The consideration includes a $3.8 million upfront cash payment and up to 2,050,000 Oculis ordinary shares, with lockup and milestone-based vesting terms. Privosegtor is an investigational neuroophthalmology drug candidate that has not received regulatory approval for commercial use in any country, while ACT02 is an early-stage preclinical neurology candidate. Oculis said the deal is intended to strengthen its pipeline and strategic position in neuroophthalmology.