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AFT Pharmaceuticals is developing a stable, patented aqueous ophthalmic formulation of an antibiotic intended for the treatment of serious eye infections, with a specific focus on antibiotic-resistant bacteria such as Methicillin-Resistant Staphylococcus Aureus (MRSA). The technology, licensed from Latitude Pharmaceuticals, provides a stable solution for an antibiotic that is already approved for other bacterial infections but currently lacks a commercially available ophthalmic product, necessitating the use of pharmacy-compounded drops. The development program was announced in early 2023 and is currently in the IND-enabling phase, with regulatory filings planned for major global markets including the USA, Europe, China, and Japan. The total addressable market for this specialty ophthalmic product is estimated at approximately US$1 billion globally.
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