Harrow Inc - Company Profile

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Business Description

Harrow Inc (Harrow) is primarily engaged in the discovery, development, and commercialization of innovative ophthalmic pharmaceutical products for the US. market. The company owns commercial rights to one of the largest portfolios of branded ophthalmic pharmaceutical products in North America, all of which are marketed under the Harrow name. It also owns and operates ImprimisRx, one of the nation’s leading ophthalmology-focused pharmaceutical-compounding businesses. Additionally, Harrow holds a noncontrolling equity interest in Melt Pharmaceuticals, Inc. and two other companies.

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R&D Overview

Harrow's R&D initiatives focus on developing and commercializing differentiated pharmaceutical therapies designed to address unmet needs in eye care and selected adjacent markets. The development pipeline is weighted toward late-stage and near-commercial assets with demonstrated clinical utility and clearer regulatory pathways. Current development-stage programs include MELT-300, H-N08, CR-01, and MELT-210, with potential launches ranging from 2028 to 2029. The company employs a disciplined, capital-efficient development strategy to advance these programs. The R&D unit of the company is responsible for performing research and development activities, including managing expenses related to salaries, benefits, overhead, clinical trials, contract services, and outsourced contracts. The unit plays a crucial role in advancing the company's development pipeline and ensuring the successful execution of clinical and non-clinical trials. In FY2025, the company incurred R&D expenses of US$20.9 million

Business Segments

Overview

Includes activities of the Company’s FDA approved ophthalmology pharmaceutical products, including the out-licensing of rights to certain of our branded products.

Performance

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Overview

Includes activities in the Company’s ophthalmology-focused pharmaceutical compounding business.

Performance

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