26 June 2026 | Friday | News
LENZ Therapeutics, Inc. (Nasdaq: LENZ) and Arrotex Pharmaceuticals Pty Ltd. (“Arrotex”) announced an exclusive license and commercialization agreement for Arrotex to register and commercialize VIZZ™ for the treatment of presbyopia in Australia and New Zealand. LENZ Therapeutics is a pharmaceutical company focused on the commercialization of VIZZ (aceclidine ophthalmic solution) 1.44%, the first and only FDA-approved aceclidine-based eye drop for the treatment of presbyopia. Arrotex is Australia’s largest and most diversified pharmaceutical company, offering the most extensive range of prescription medicines across therapeutic areas.
Under the terms of the agreement, LENZ will receive an upfront payment and a significant profit share of gross margin from product sales. Arrotex will obtain exclusive commercialization rights for VIZZ for the treatment of presbyopia in Australia and New Zealand.
“We are pleased to expand our global commercial partnership network for VIZZ into Australia and New Zealand. Arrotex represents our fifth ex-US commercialization partnership for VIZZ, underscoring our commitment to broadening access to our transformative presbyopia therapy worldwide,” said Eef Schimmelpennink, President and Chief Executive Officer of LENZ Therapeutics. “Arrotex is a leading commercial partner in Australia and New Zealand, with an unmatched network of pharmacy partnerships and strong track record of bringing innovative branded medicines to patients. We look forward to working together to bring VIZZ to patients across the region.”
“We are thrilled to bring this innovative therapy to Australia and New Zealand for the treatment of presbyopia to the millions of adults frustrated with their near vision,” said Dennis Bastas, Chairman and Group Chief Executive Officer of DBG Health, the parent company of Arrotex Pharmaceuticals. “LENZ’s innovative treatment represents a first-to-market, once-daily solution that can provide visual freedom from reading glasses, offering the potential for greater visual independence and improved quality of life.”
In July 2025, LENZ announced the approval of VIZZ by the United States Food and Drug Administration for the treatment of presbyopia. VIZZ has been commercially available in the United States since October 2025.
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