02
Jul

In a deal designed to beef up its pipeline of ophthalmology drugs, France’s Nicox has snapped up Boston-based Aciex for $65 million in newly issued shares and up to $55 million in contingent value rights. Those CVRs are structured to pay off Aciex’s investors in large part based on the success of Aciex’s drug AC-170, which has been in Phase III studies for allergic conjunctivitis.

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Source: Nicox adds to eye-drug pipeline with $120M buyout deal for Aciex

    

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