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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