Financial HealthThe agreement with Kowa reduces Nicox's debt by using 70% of the upfront payment, improving the company's financial health.
Market PotentialThe global glaucoma market is approximately $7B, with the U.S. market accounting for roughly 40%, indicating significant market potential for NCX 470.
Milestone PaymentsThe success of the Denali trial triggers a milestone payment of €5M from Nicox’s partner Kowa.