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Alcon Indulges in its Pharma Side for New M&A

The Geneva, Switzerland-based company said it was acquiring Aerie Pharmaceuticals for $770 million.

Alcon (ALC) Acquires Aerie Pharmaceuticals (AERI) for $15 25/sh or $770M

Alcon (ALC) Acquires Aerie Pharmaceuticals (AERI) for $15 25/sh or $770M
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Alcon to buy Aerie Pharmaceuticals for $770M

The acquisition, which is expected to close in Q4 2022, bolsters Alcon’s ophthalmic pharmaceutical portfolio.

Alcon ups its glaucoma game again with $770M Aerie Pharma acquisition

The Aerie Pharma acquisition brings Alcon two commercialized glaucoma products, as well as a pipeline of programs in various stages of development for other eye diseases. Alcon has been an active dealmaker, turning to M&A as a way to bolster its eye products portfolio and pipeline.

Alcon lowers its 2022 forecast amid strong dollar

Alcon posted Street-beating second quarter results but lowered its 2022 guidance amid a challenging macroeconomic environment.

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