Harrow, Inc. - HROW STOCK NEWS

Harrow Health, Inc. (NASDAQ: HROW) reported record financial results for Q2 and H1 ended June 30, 2021, marking its best quarter ever with significant growth in revenues, cash flow from operations, and Adjusted EBITDA. The company raised $75 million in unsecured capital, which is being utilized for strategic initiatives, including the acquisition of AMP-100, an ophthalmic anesthetic drug candidate, with an FDA application expected soon. Harrow anticipates a strong second half of 2021, aimed at enhancing product diversity and operational performance.

Harrow Health (NASDAQ: HROW) has entered an agreement with Sintetica, S.A. to acquire marketing and supply rights for AMP-100, an innovative ophthalmic surgical drug candidate for ocular surface anesthesia. This acquisition targets a market with over 10 million procedures annually in the U.S. AMP-100's safety and efficacy are backed by a comprehensive clinical program and a successful Phase 3 study. Sintetica plans to submit a New Drug Application to the FDA in late 2021. Harrow aims to leverage its commercial platform to maximize AMP-100's market potential.

Harrow Health, Inc. (NASDAQ: HROW) announced the release of its financial results for Q2 and six months ended June 30, 2021, scheduled for August 10, 2021, post-market. The company will share its second-quarter letter to stockholders on its website. A conference call and live webcast will follow at 4:45 PM ET to discuss results and provide a business update. Harrow Health is focused on ophthalmology, operating ImprimisRx and Visionology, and holds equity positions in Eton Pharmaceuticals, Surface Ophthalmics, and Melt Pharmaceuticals.

NovaBay Pharmaceuticals (NYSE American: NBY) has partnered with ImprimisRx, a subsidiary of Harrow Health (Nasdaq: HROW), for the promotion of its product Avenova, a 0.01% hypochlorous acid solution for eye care. This collaboration aims to enhance national sales, marketing, and distribution efforts for Avenova, which addresses chronic eye conditions affecting 30 million Americans. The partnership is expected to improve accessibility to prescription Avenova through a streamlined pharmaceutical model.

Harrow Health, Inc. (NASDAQ: HROW) announced two newly issued patents related to ophthalmic compositions for intraocular administration. These patents, dated May 4 and June 29, 2021, enhance Harrow's portfolio in surgical dilation agents, particularly for cataract surgeries. Data regarding a compounded mydriatic drug combination will be presented at the ASCRS 2021 Annual Meeting, demonstrating effective pupil dilation. This advancement positions Harrow Health for growth within the ophthalmic market, supporting over 250,000 cataract procedures annually.

Harrow Health (NASDAQ: HROW) announced the closure of its public offering, raising $20 million through the issuance of 8.625% senior notes due 2026. This includes a $2.5 million over-allotment option. The net proceeds of approximately $19.6 million will be used to redeem Series B Cumulative Preferred Stock and for general corporate purposes, including future product acquisitions. The notes, rated "BB" by Egan-Jones Ratings, will trade on Nasdaq under the symbol 'HROWL'.

Harrow Health (NASDAQ: HROW) has priced its underwritten public offering of $17.5 million in 8.625% senior notes due 2026. The offering, expected to close on June 17, 2021, may increase by $2.5 million if the underwriters exercise their option. The notes will be priced at $25.75 each, yielding aggregate proceeds of $18,025,000. Proceeds will be utilized to redeem Series B Cumulative Preferred Stock and support general corporate purposes. Both the new and existing notes are rated 'BB' by Egan-Jones Ratings Company and will trade on Nasdaq under the symbol 'HROWL'.

Harrow Health (NASDAQ: HROW) has initiated an underwritten registered public offering of $17.5 million in 8.625% senior notes due 2026. These notes will trade alongside the existing notes of the same series. The proceeds are intended to redeem all outstanding Series B Cumulative Preferred Stock and for general corporate purposes, including product acquisitions and capital expenditures. Harrow Health's notes received a 'BB' rating from Egan-Jones Ratings Company. The offering will be conducted under the effective shelf registration statement filed with the SEC.

Harrow Health (NASDAQ: HROW), an ophthalmic-focused healthcare company, has launched a redesigned corporate and investor website aimed at enhancing user experience and accessibility of historical and current information. The site showcases Harrow's journey as a leading eye health provider, featuring its mission, product pipeline, and commitment to accessible eyecare. Key assets include ImprimisRx and Visionology, along with equity stakes in several pharmaceutical companies. The site also includes Letters to Stockholders and a Corporate Presentation to facilitate investor engagement.