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Tarsus Pharmaceuticals

NASDAQ: TARS $64.90 USD~$4B MCAP

Late clinical-stage biopharma developing therapeutic solutions for chronic diseases in eye care and beyond; lead product XDEMVY (lotilaner ophthalmic solution 0.25%) is the first and only FDA-approved treatment for Demodex blepharitis. In August 2026 it agreed to acquire Alkeus Pharmaceuticals and its Phase 3 Stargardt disease drug for $450 million.

Company Info

Sector:Ophthalmology / Biopharmaceuticals
Headquarters:Irvine, California, USA
Founded:2016

Upcoming Milestones & Key Dates

2026-08
M&A

Alkeus Pharmaceuticals acquisition announced ($450M)

2026-08
Pipeline

Acquired Stargardt disease program integration

Clinical Development Pipeline

XDEMVY (lotilaner 0.25%)

Target: Parasitic (Demodex mites)
Demodex blepharitis
Preclinical
Phase 1
Phase 2
Phase 3
Approved

TP-04

Target: Investigational gel
Ocular rosacea
Preclinical
Phase 1
Phase 2
Phase 3
Approved

TP-05

Target: Oral systemic antiparasitic
Vector-targeting prophylaxis
Preclinical
Phase 1
Phase 2
Phase 3
Approved

Recent News

Leadership Team

Bobak 'Bobby' Azamian

Chairman, President and CEO (co-founder)

Michael Ackermann

Co-founder

Careers & Job Openings

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