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ViatrisAsset sale

Harrow Closes Acquisition of TYRVAYA®

What happened

Viatris Inc. has sold the worldwide rights (excluding Japan) for its TYRVAYA® nasal spray to Harrow for $30 million in cash, with potential for up to $70 million in additional milestone payments.

Source

globenewswire.comOct 5, 2026

Harrow Closes Acquisition of TYRVAYA®

Article excerpt

Highlighted: the sentence this signal was extracted from

NASHVILLE, Tenn., Oct. 05, 2026 (GLOBE NEWSWIRE) -- Harrow (Nasdaq: HROW), a leading provider of ophthalmic disease management solutions in North America, today announced that it has closed its previously announced acquisition of TYRVAYA ® (varenicline solution) nasal spray 0.03 mg from Viatris Inc., a global healthcare company. At closing, Harrow acquired worldwide rights to TYRVAYA, except for Japan. Viatris retained the rights to commercialize TYRVAYA in Japan and agreed to pay Harrow royalties on any future net sales there. Consistent with the terms announced in August, Harrow paid $30 million in cash at closing and may pay up to $70 million in contingent milestone payments tied to TYRVAYA's net sales, for potential total consideration of up to $100 million. The closing payment was funded with cash on hand. TYRVAYA is a cholinergic agonist indicated for the treatment of the signs and symptoms of dry eye disease (DED) and is the first and only FDA-approved nasal spray for DED. Unlike topical ophthalmic therapies, TYRVAYA is administered through the nose and is thought to activate the trigeminal parasympathetic pathway to stimulate basal tear production. TYRVAYA is approved in the U.S., China, and Taiwan, with marketing applications pending in additional markets. The addition of TYRVAYA meaningfully expands Harrow's position in the large and growing U.S. dry eye market and...

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Extracted by Autobound

From the Signal API record
Event
Asset sale

What this signalsSelling part of the business often leads to a new focus and new budgets.

Amount named
$30M
Product
TYRVAYA
Takes effect
Oct 5, 2026

Companies

  • HarrowAcquirerharrow.com

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The full record

From the Signal API record

Numbers

Amount named in the story
$30M

Details

Assets
worldwide rights to TYRVAYA, except for Japan

Topics and mentions

Product tags

  • medical

Extraction

Confidence
100%
Detected
Oct 5, 2026
signal_type
news
signal_subtype
sells_assets_to

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/f90be767-e414-0c98-5bd6-fbe9a0aec51a returns this record as JSON. POST /v1/companies/enrich returns every signal for viatris.com.

{
  "signal_id": "f90be767-e414-0c98-5bd6-fbe9a0aec51a",
  "signal_type": "news",
  "signal_subtype": "sells_assets_to",
  "detected_at": "2026-10-05T11:00:00+00:00",
  "company": {
    "name": "Viatris",
    "domain": "viatris.com"
  },
  "data": {
    "url": "https://www.globenewswire.com/news-release/2026/10/05/3374393/0/en/harrow-closes-acquisition-of-tyrvaya.html",
    "title": "Harrow Closes Acquisition of TYRVAYA®",
    "assets": "worldwide rights to TYRVAYA, except for Japan",
    "excerpt": "NASHVILLE, Tenn., Oct. 05, 2026 (GLOBE NEWSWIRE) -- Harrow (Nasdaq: HROW), a leading provider of ophthalmic disease management solutions in North America, today announced that it has closed its previously announced acquisition of TYRVAYA ® (varenicline solution) nasal spray 0.03 mg from Viatris Inc., a global healthcare company. At closing, Harrow acquired worldwide rights to TYRVAYA, except for Japan. Viatris retained the rights to commercialize TYRVAYA in Japan and agreed to pay Harrow royalties on any future net sales there. Consistent with the terms announced in August, Harrow paid $30 million in cash at closing and may pay up to $70 million in contingent milestone payments tied to TYRVAYA’s net sales, for potential total consideration of up to $100 million. The closing payment was funded with cash on hand. TYRVAYA is a cholinergic agonist indicated for the treatment of the signs and symptoms of dry eye disease (DED) and is the first and only FDA-approved nasal spray for DED. Unlike topical ophthalmic therapies, TYRVAYA is administered through the nose and is thought to activate the trigeminal parasympathetic pathway to stimulate basal tear production. TYRVAYA is approved in the U.S., China, and Taiwan, with marketing applications pending in additional markets. The addition of TYRVAYA meaningfully expands Harrow’s position in the large and growing U.S. dry eye market and...",
    "product": "TYRVAYA",
    "summary": "Viatris Inc. has sold the worldwide rights (excluding Japan) for its TYRVAYA® nasal spray to Harrow for $30 million in cash, with potential for up to $70 million in additional milestone payments.",
    "planning": false,
    "image_url": "https://ml.globenewswire.com/Resource/Download/8e0382bf-e00a-4591-87aa-4e90001aabea",
    "confidence": 1,
    "product_data": {
      "name": "TYRVAYA",
      "full_text": "TYRVAYA ® (varenicline solution) nasal spray 0.03 mg",
      "fuzzy_match": false
    },
    "product_tags": [
      "medical"
    ],
    "published_at": "2026-10-05T11:00:00Z",
    "effective_date": "2026-10-05",
    "article_sentence": "Harrow (Nasdaq: HROW), a leading provider of ophthalmic disease management solutions in North America, today announced that it has closed its previously announced acquisition of TYRVAYA ® (varenicline solution) nasal spray 0.03 mg from Viatris Inc., a global healthcare company.",
    "amount_normalized": 30000000,
    "related_company_name": "Harrow",
    "related_company_domain": "harrow.com"
  }
}

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