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Schering-Plough

SGP

SpyGlass Pharma is a late-stage biopharmaceutical company focused on developing long-acting, sustained-release drug delivery systems for chronic eye conditions.

Market cap
$671.01M-24.5%
Net income-$37.2M
Free cash flow-$34.6M
EPS (diluted)-$12.81
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 13, 2026 (in a month)
EPS estimate-$0.51

Financials

Q1 2026

Income statement

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Operating income-$15.4M-108%
Net income-$13.8M-56.6%
EPS (diluted)-$0.69+82.6%

Balance sheet

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Cash & equivalents$238.9M+312%
Total debt$1.6M
Total equity$250.1M+463%
Total assets$258.4M

Cash flow

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Operating cash flow-$13.5M-65.2%
CapEx$676.0K+312%
Free cash flow-$14.2M-70.0%

Competitors

Profile

SpyGlass Pharma is a late-stage biopharmaceutical company focused on developing long-acting, sustained-release drug delivery systems for chronic eye conditions. The company's core value proposition is transforming the treatment paradigm for glaucoma and ocular hypertension by integrating drug delivery directly into routine cataract surgery, thereby eliminating the need for daily patient adherence to eye drops.

Competitive position

SpyGlass is a clinical-stage innovator attempting to disrupt the glaucoma market by lowering the technical barrier for cataract surgeons to provide interventional glaucoma care without specialized MIGS training.

GeographiesUnited States, New Zealand, Asia
Customer segmentsHealthcare Providers, Medicare Beneficiaries
Business modelResearch and Development, Buy-and-Bill, Licensing
SuppliersContract Manufacturing Organizations (CMOs), Active Pharmaceutical Ingredient (API) suppliers, University research institutions
CustomersAmbulatory Surgery Centers, Ophthalmic surgical practices, Specialty distributors
Listed2026
CEOPatrick H. Mooney
FilingsSEC EDGAR

Questions, answered.

What is Schering-Plough's market cap?
Schering-Plough (SGP) has a market capitalization of $671.0M and trades on XNYS.
Who are Schering-Plough's competitors?
Schering-Plough's key competitors include Glaukos, Bausch + Lomb, Alcon, and others. These companies compete in similar markets and product categories.
Who does Schering-Plough partner with?
Schering-Plough's notable partners include Regents of the University of Colorado.
Where is Schering-Plough headquartered?
Schering-Plough is headquartered in United States of America. It has been publicly traded since 2026.