Kyorin will market some Allergan glaucoma products in Japan
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IRVINE, Calif. Kyorin Pharmaceutical Co. will develop and market Allergans Alphagan glaucoma drugs in Japan, according to a press release from Allergan.
Under terms of the agreement, Kyorin will be responsible for developing and commercializing Alphagan (brimonidine tartrate 0.2%) and Alphagan P (brimonidine tartrate 0.15% preserved with Purite) in Japan and will incur associated costs. Kyorin will give Allergan an up-front payment as well as development and commercialization milestone payments, the press release said.
Allergan said the Japanese glaucoma market is estimated to be more $500 million annually. The Alphagan franchise is the third largest-selling glaucoma franchise in the world, with 2003 global sales of $287 million, the press release said.