Eye care solutions company Alcon (SIX: ALC) (NYSE: ALC) confirmed on Tuesday that it has completed its acquisition of ophthalmic pharmaceutical specialist Aerie Pharmaceuticals Inc (NASDAQ: AERI).
The total purchase consideration was approximately USD930m.
Through this transaction, Alcon has added the commercial products Rocklatan (netarsudil and latanoprost ophthalmic solution) 0.02%/0.005% and Rhopressa (netarsudil ophthalmic solution) 0.02%, as well as AR-15512, a Phase 3 product candidate for dry eye disease.
Alcon has also acquired a pipeline of ophthalmic pharmaceutical product candidates with the opportunity to leverage Aerie's existing research and development capabilities, the company said.
Alcon intends to fully integrate Aerie into its business.
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