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Alcon Buys Aerie, Reaffirming Commitment To Pharma Space

 
• By Jessica Merrill

With the $770m acquisition, Alcon will gain two commercial eye drop products for glaucoma and a Phase III candidate for dry eye.

eye drops
Alcon is investing in eye drugs with Aerie acquisition • Source: Shutterstock

Ophthalmology specialist Alcon Inc. will buy Aerie Pharmaceuticals, Inc. for roughly $770m, gaining two commercial products for glaucoma, a Phase III drug candidate for dry eye disease and other early pipeline products. The acquisition, announced on 22 August, reaffirms Alcon's commitment to building in the ophthalmic pharmaceutical space and follows other business development deals in the area.

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