Bayer and Perfuse Therapeutics Inc. announce an agreement under which Bayer will fully acquire Perfuse Therapeutics, a biopharmaceutical company pioneering transformational research into the treatment of ischemia-induced ocular diseases. With this acquisition, Bayer will hold the full rights pertaining to PER-001, a small molecule endothelin receptor antagonist currently in Phase II clinical development for the treatment of Glaucoma and Diabetic Retinopathy (DR). Under the terms of the agreement, the transaction carries a total potential value of up to USD 2.45 billion, comprising a USD 300 million upfront payment and additional development, regulatory, and commercial milestone payments based on success criteria.
Read the full article: Bayer to Acquire Perfuse Therapeutics to Complement Ophthalmology Pipeline //
Source: https://www.businesswire.com/news/home/20260505596100/en/Bayer-to-Acquire-Perfuse-Therapeutics-to-Complement-Ophthalmology-Pipeline