
Startup Tenpoint’s Presbyopia Eye Drop Receives FDA Approval, Paving Means for $235 Million in Funding
The gradual lack of close to imaginative and prescient that may be a pure a part of growing older may be addressed with glasses, contact lenses and even surgical procedure. A presbyopia eye drop developed by Tenpoint Therapeutics now has FDA approval, becoming a member of a small group of comparable merchandise that supply sufferers an alternative choice to glasses or surgical procedure.
Wednesday’s FDA regulatory determination addresses the remedy of presbyopia in adults. Tenpoint expects its once-daily eye drop, branded Yuvezzi, to hit the market within the second quarter of this yr.
Yuvezzi was recognized on the time of its improvement as Brimochol, a mix of the drug’s two energetic elements, brimonidine and carbachol. Each are well-established eye medicines. Brimonidine lowers intraocular eye strain to deal with glaucoma; carbachol treats glaucoma and can also be used to constrict the pupils throughout cataract surgical procedure. Collectively, Yuvezzi’s two elements are meant to constrict the pupil, making a pinhole impact that improves close to imaginative and prescient and depth of discipline.
Tenpoint’s regulatory submission was based mostly on two Part 3 research that enrolled a complete of 536 sufferers with presbyopia. The outcomes confirmed that the mix of the 2 energetic elements in a hard and fast dose demonstrated a superior profit in visible acuity in comparison with both of the energetic elements administered alone. This profit lasted eight to 10 hours a day. The commonest unwanted effects reported within the research had been headache, decreased imaginative and prescient, and non permanent eye ache or irritation. Redness of the eyes was not a generally reported aspect impact.
Different eye drops have been developed to create the pinhole impact to deal with presbyopia. AbbVie was first with Vuity, permitted in 2021. This once-daily drop is an optimized formulation of pilocarpine, a drug used to deal with glaucoma and ocular hypertension. However Vuity’s impact on presbyopia lasts solely six hours and the product didn’t obtain a lot consideration in the marketplace. In 2022, AbbVie determined to scale back gross sales and advertising for Vuity.
In 2023, the FDA permitted Orasis Prescription drugs’ formulation of pilocarpine, below the model identify Qlosi. This eye drop has a length of motion of as much as eight hours and could also be administered twice a day. Lenz Therapeutics takes a unique strategy with Vizz, a once-daily eye drop whose energetic ingredient, aceclidine, contracts the iris sphincter to offer close to imaginative and prescient enchancment that lasts as much as 10 hours. Vizz obtained FDA approval final July and launched in October. In its preliminary fourth-quarter 2025 monetary outcomes launched earlier this month, Lenz reported $1.6 million in web product income from greater than 20,000 prescriptions stuffed within the quarter.
William Blair analyst Lachlan Hanbury-Brown, who follows Lenz, stated in a analysis word Thursday that Vizz has a stronger profile with information exhibiting higher efficacy, sooner onset of impact and longer sturdiness in a broader inhabitants. He additionally identified that the Yuvezzi label flags the danger of blood circulation issues and potential drug interactions, dangers not talked about on Vizz’s label. Hanbury-Brown stated it’s unclear how these variations shall be seen by physicians and sufferers, however William Blair believes they spotlight the differentiation of the Lenz product versus the follow.
“Whereas we proceed to imagine Vizz has a best-in-class profile, we additionally imagine that having a second voice within the market selling therapies for presbyopia will help broaden the market,” Hanbury-Brown stated.
London-based Tenpoint emerged in 2023 as a preclinical startup targeted on growing cell therapies for imaginative and prescient problems. Then-CEO Eddy Anglade stated on the time that the identify referred to 10 microseconds, the time it takes for the mind to course of a picture hitting the retina.
In 2024, the corporate merged with Seattle-based startup Visus Therapeutics and retained the Tenpoint identify. Visus had already accomplished its first Part 3 trial of Brimochol and was trying ahead to a submission to the FDA. The mixed firm additionally raised an undisclosed quantity of funding to finish the second Part 3 trial of Brimochol and put together for commercialization of the presbyopia eye drops. Cell remedy continues to be a part of Tenpoint’s pipeline, however that analysis stays preclinical.
Following Yuvezzi’s approval, Tenpoint on Wednesday introduced $235 million in new financing, which quantities to a $150 million credit score facility with Hercules Capital and an $85 million Collection B spherical. The Collection B financing was led by Janus Henderson, EQT Nexus, Hillhouse and British Enterprise Financial institution. Earlier traders who additionally participated within the spherical embody EQT Life Sciences, Sofinnova Companions, F-Prime, Eight Roads, Qiming Enterprise Companions USA, AdBio and Wille. Tenpoint stated the capital will help the commercialization of Yuvezzi.
“We drastically admire the help of our robust syndicate of long-term international traders,” Henric Bjarke, CEO of Tenpoint, stated in a ready assertion. “This funding displays their confidence in Yuvezzi, a brand new differentiated choice for tens of millions of individuals dwelling with the every day frustration and challenges of presbyopia.”
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