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Everest Medicines Enters into Asset Purchase Agreement with Corxel Pharmaceuticals to Develop and Commercialize LNZ100 in Greater China

$LENZPress releaseJun 7, 2026, 8:55 PM ETRead the release

Everest Medicines (1952.HK) has acquired the Greater China rights to LNZ100 (VIZZ) from Corxel Pharmaceuticals to develop and commercialize the presbyopia treatment. LNZ100, originally developed by LENZ Therapeutics (LENZ), is already approved and launched in the US. The Chinese NDA was submitted in September 2025, with approval expected in Q1 2027. The asset features a unique aceclidine mechanism that improves near vision without impairing distance vision, addressing a significant unmet need in the aging Chinese population.

Key figures

Drug Name
LNZ100 (VIZZ)
Launch date us
October 2025
Approval date us
July 2025
Trial participants
300
Improvement 2 lines 3hrs
88%
Improvement 3 lines 3hrs
74%
Improvement 2 lines 10hrs
61%
Improvement 2 lines 30min
84%
Improvement 3 lines 10hrs
30%
Improvement 3 lines 30min
69%
Nda submission date china
September 2025
Expected approval date china
Q1 2027
Primary endpoint achievement
Yes

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