Zhaoke Ophthalmology signs exclusive Indonesian commercialization pact with PT Erela for CsA Ophthalmic Gel

Bulletin Express
Jun 05

Zhaoke Ophthalmology Limited has entered into an exclusive distribution and supply agreement with Indonesian pharmaceutical company PT Erlangga Edi Laboratories (PT Erela) to register, import, promote, market and sell CsA Ophthalmic Gel in Indonesia. The agreement provides Zhaoke Ophthalmology with an upfront payment and additional milestone payments contingent on preset achievements.

CsA Ophthalmic Gel is a patented cyclosporine hydrogel under development in China for moderate-to-severe dry eye disease (DED). Leveraging nanomicelle technology, the formulation offers strong muco-adhesion, prolonged corneal residence and improved bioavailability, enabling once-daily nighttime dosing. Phase II results indicated efficacy and safety at least comparable to the twice-daily emulsion Restasis (0.05% CsA), while Phase III data showed onset of action within two weeks, which could enhance patient compliance.

Founded in 1965, PT Erela manufactures more than 150 pharmaceutical, traditional medicine and supplement SKUs. Its distribution network spans over 10,000 pharmacies and major hospital chains across Indonesia, positioning the company to accelerate market penetration of CsA Ophthalmic Gel.

The announcement notes that successful development and commercialization of CsA Ophthalmic Gel remain subject to regulatory and clinical milestones, and advises shareholders and potential investors to exercise caution when dealing in the company’s shares.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10