Company intelligence / Profile preview

Orasis Pharmaceuticals

Ponte Vedra, Florida, United Statesorasis-pharma.com ↗

Ownership: Private
Development stage: Commercial

Overview

QLOSI (pilocarpine hydrochloride ophthalmic solution 0.4%) received FDA approval and launched in the US in April 2025. In Phase 3 clinical trials (NEAR-1 and NEAR-2), the drug met primary and secondary endpoints by Day 8, achieving a statistically significant 3-line+ gain in distance-corrected near visual acuity and no loss of 1-line+ in distance visual acuity[8].

Therapeutic areas: Ophthalmology
Modalities: Small molecules
Industry: Biotech

Drug pipeline

1 asset

pilocarpine

Commercial

Indications: Presbyopia

Partnerships

Optus Pharmaceuticals (licensing agreement for Korean market with $18 million in milestone payments and double-digit royalty on sales)[2]

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