Ocugen licenses OCU400 gene therapy to Roots Pharmaceutical for Middle East and North Africa
Ocugen signed an exclusive license agreement with Roots Pharmaceutical Company on October 13, 2026, for its OCU400 gene therapy for retinitis pigmentosa in certain Middle East and North Africa countries. Ocugen will receive up to $4 million in upfront and development payments, up to $255 million in sales milestones, and a 22% royalty on Roots' net sales, and will also supply the product under a separate agreement. On the same day, the board postponed the Special Meeting of Stockholders on the proposal to increase authorized common shares by 250,000,000 to December 22, 2026.
Key points
- Up-front license fee and development milestones of up to $4 million in aggregate
- Sales milestone payments of up to $255 million and a 22% royalty on net sales in the Territory
- Special Meeting on the authorized share increase postponed to December 22, 2026; new record date is October 30, 2026
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 14, 2026.
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