Novartis's Kedalion Buy Could Revive Prospects For Xiidra

Dry Eye Drug Struggling Commercially

Getting hold of Kedalion's device that delivers topical drugs to the eye with comparable effect but with up to an 80% reduction in dose compared to standard eye drops bodes well for Novartis's ophthalmology business.

Female eye with long eyelashes close up. Closeup shot of female gray - blue colour eye with day makeup. Beauty female eye with curl long eyelashes
• Source: Archive

Novartis AG will be hoping that its acquisition of Kedalion Therapeutics Inc. could be the catalyst that finally ignites Xiidra, its dry eye drug bought for $3.4bn upfront from Takeda Pharmaceutical Co. Ltd. three years ago but still struggling to make an impact commercially.

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