VivaVision and Jiangxi Shanliang Pharmaceutical formed a strategic alliance to enhance contact lens care products, while QurAlis entered an exclusive license agreement with Eli Lilly for the development of a promising treatment for neurodegenerative diseases.

Target Information

VivaVision Biotech is a clinical-stage pharmaceutical company dedicated to advancing best-in-class and first-in-class therapies specifically for ocular diseases. Its current product pipeline features VVN001, designed to treat dry eye syndrome, VVN539, intended for the treatment of Glaucoma and Ocular Hypertension, and VVN461, which targets non-infectious ocular inflammation associated with Uveitis. Additionally, VivaVision actively focuses on the discovery and development of innovative treatments for a range of anterior and posterior eye diseases.

Recently, VivaVision has made notable progress with its portfolio companies, signaling its commitment to technological innovation and collaboration within the biopharmaceutical sector.

Industry Overview in China

The biopharmaceutical industry in China has been experiencing rapid growth and transformation, driven by increasing healthcare needs and significant investments in biotech innovations. The country's ongoing commitment to improving healthcare infrastructure and poli

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VivaVision

invested in

Jiangxi Shanliang Pharmaceutical Co., Ltd.

in 2024

in a Joint Venture deal

Disclosed details

Transaction Size: $45M

Revenue: $99M

EBITDA: $54M

EBIT: $32M

Net Income: $21M

Enterprise Value: $622M

Equity Value: $235M


Multiples

EV/EBITDA: 11.5x

EV/EBIT: 19.4x

EV/Revenue: 6.3x

P/E: 11.2x

P/Revenue: 2.4x

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