Valeant Adds Eyetech’s Macugen To Ophthalmic Portfolio

The acquisitive Canadian specialty pharma’s latest deal is a relatively small one, giving it a wet AMD treatment that lags behind Lucentis and other newcomers.

Eyetech Inc.’s age-related macular degeneration drug may face newer, more popular competitors, but Valeant Pharmaceuticals International Inc. still believes it can wring some business out of it.

Valeant said Feb. 13 that it had agreed to acquire Palm Beach Gardens, Fla.-based Eyetech, adding Macugen (pegaptanib sodium) to...

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