B&L will license Plasmin for ophthalmic use
ROCHESTER, N.Y. — Bausch & Lomb plans to license processed human plasma from Bayer for use in ophthalmology, the company said in a press release.
Plasmin is a product derived from processed human plasma, according to B&L, and “may have potential for use in developing novel therapies for ocular conditions.” The company noted it plans to develop Plasmin technology to treat multiple indications for which vitrectomy surgery is currently used.
According to the release, B&L will make milestone payments to Bayer based on development and further royalties based on product sales. Bayer will continue to develop Plasmin for non-ocular indications.