Tarsus Pharmaceuticals Acquires iRenix Medical to Advance IRX-101 for Retina Care
July 9, 2026
Tarsus Pharmaceuticals announced it has acquired iRenix Medical, adding late-stage investigational ocular antiseptic IRX-101 to its eye care pipeline. Under the agreement, Tarsus will pay about $75 million upfront (cash and stock) and make additional regulatory and commercial milestone payments up to $490 million.
- Buyers
- Tarsus Pharmaceuticals
- Targets
- iRenix Medical
- Industry
- Biotechnology
- Location
- California, United States
- Transaction Type
- Buyout
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