Sun Pharma acquires InSite Vision

September 17, 2015

Mumbai-based Sun Pharmaceutical Industries has announced a US$48 million agreement under which a Sun Pharma subsidiary has offered to acquire InSite Vision. InSite Vision focuses on developing new specialty ophthalmic products, including three late stage programs, while Sun Pharma is in the process of establishing a branded ophthalmic business in the US. This proposed acquisition of InSite Vision, coupled with the recent in-licensing of Xelpros (latanoprost BAK-free eye drops) in June this year, are steps in this direction, the company said. These deals also give Sun Pharma access to four late stage branded ophthalmic products in the US.

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Pharmacy Daily | Sun Pharma acquires InSite Vision

Sun Pharma acquires InSite Vision

Other recent headlines

WA expanded scope pilot announced

Steroid script fraud warning

Vic pharmacist gets Patients Australia gong

SEARCH PHARMACY DAILY

Featured video

Recent issues

INDUSTRY JOB VACANCIES