Allergan Relying On 'Six Stars' And Other R&D Programs To Blunt Restasis Blow

Allergan will spend 2018 trying to shift investor focus from the loss of Restasis patent exclusivity in the second half of the year to the company's R&D pipeline, including the late-stage "six stars" highlighted in 2017 and mid-stage programs that are moving into the spotlight.

Business decline

One of Allergan PLC's key themes in 2017 was its "six stars" – late-stage research and development programs seen as blockbusters in the making – and the company has expanded its focus in 2018 to include other mid- to late-stage assets that also could help offset the near-term loss of Restasis revenue.

Allergan CEO Brent Saunders told investors during the recent J.P. Morgan Healthcare Conference in San Francisco that the company expects generic competition for its blockbuster dry eye drug Restasis (cyclosporine) to hit the market after the second quarter of 2018

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