tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Harrow Health Acquires Melt Pharmaceuticals for Expansion

Story Highlights
  • Harrow announced its acquisition of Melt Pharmaceuticals, enhancing its portfolio with non-opioid sedation therapies.
  • The acquisition aims to diversify Harrow’s business and expand its market presence in the U.S. procedural sedation market.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Harrow Health Acquires Melt Pharmaceuticals for Expansion

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Harrow Health ( (HROW) ) has issued an update.

On September 26, 2025, Harrow announced its agreement to acquire Melt Pharmaceuticals, a company specializing in non-opioid, non-IV sedation therapies. This acquisition, subject to customary closing conditions, aims to strengthen Harrow’s portfolio and market presence by integrating Melt’s innovative MELT-300 product, which has shown clinical superiority in sedation without the need for intravenous administration. The acquisition is expected to diversify Harrow’s business, enhance operational synergies, and expand market opportunities, particularly in the U.S. procedural sedation market.

The most recent analyst rating on (HROW) stock is a Buy with a $64.00 price target. To see the full list of analyst forecasts on Harrow Health stock, see the HROW Stock Forecast page.

Spark’s Take on HROW Stock

According to Spark, TipRanks’ AI Analyst, HROW is a Neutral.

Harrow Health’s overall stock score is driven by strong earnings call results and positive technical indicators, indicating growth potential. However, significant financial performance challenges and valuation concerns weigh heavily on the score. Addressing cash flow issues and improving profitability are crucial for enhancing financial stability.

To see Spark’s full report on HROW stock, click here.

More about Harrow Health

Harrow, Inc. is a leading provider of ophthalmic disease management solutions in North America, offering a comprehensive portfolio of products that address various eye conditions such as dry eye disease, cataracts, and glaucoma. The company is committed to delivering safe, effective, and affordable medications to enhance patient compliance and improve clinical outcomes.

Average Trading Volume: 568,799

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.77B

Learn more about HROW stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1