Biofrontera Inc. Acquires All US Rights To Ameluz And RhodoLED From Former Parent Co. Biofrontera AG, Coupled With $11M Financing Led Bt Existing Investors; Under New Agreement, Effective Royalty Rate Paid By Co. Will Be Reduced To 12% Of Net Sales
Author: Benzinga Newsdesk | June 30, 2025 08:02am
Biofrontera Inc. has signed an agreement to acquire all US assets related to Ameluz® and RhodoLED® including New Drug Application (NDA) and associated patents from Germany-based Biofrontera AG.
Under their new agreement, the effective royalty rate paid by Biofrontera Inc. will be reduced to 12% (and 15% above revenue of $65 million) of net sales from 25% - 35% of net sales.
This transaction, coupled with an $11 million financing led by existing investors, Rosalind Advisors and AIGH Capital Management LLC, is expected to fund Biofrontera Inc. to profitability.