Pharma Deals Review, Vol 2009, No 9 (2009)

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Alcon Enters Biologicals Arena

Taskin Ahmed

Abstract


Alcon Laboratories entered into a definitive agreement to acquire Zurich-based ESBATech AG in a US$589 M deal.  The eye-care leader hopes to capitalize on the latter’s antibody fragment technology platform to go beyond its traditional small molecule-based ophthalmic research and enter into biotech.



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