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Business
Nicox Adds Eye Drug With Buy Of Aciex
by Rick Mullin
July 14, 2014
| A version of this story appeared in
Volume 92, Issue 28
Nicox, a French ophthalmic drug specialist, has agreed to acquire U.S.-based Aciex Therapeutics. Nicox will pay $65 million up front, plus up to $55 million in future outlays if FDA approves drugs in Aciex’s pipeline. The deal will give Nicox two drug candidates in Phase III clinical trials for occular ailments: Aciex’s AC‑170 and its own latanoprostene bunod, currently being developed in partnership with Bausch & Lomb. Aciex’s AC-155, for postoperative inflammation and pain, is expected to enter Phase II trials next year.
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