- Breaking News Related to Macular Degeneration, Cataract, Glaucoma, Corneal Disease and Other Eye Conditions - http://eyedocnews.com -

Merck Acquiring Inspire Pharmaceuticals

Posted By Dr. Ari Weitzner On April 7, 2011 @ 12:29 pm In Industry News | Comments Disabled

Merck announced earlier this week that it will be acquiring Inspire Pharmaceuticals, which manufactures ophthalmic treatments such as AZASITE (azithromycin ophthalmic solution) 1% for the treatment of bacterial conjunctivitis, and ELESTAT (epinastine HCl ophthalmic solution) 0.05% for the prevention of ocular itching associated with allergic conjunctivitis.

Inspire also receives royalties based on net sales of RESTASIS® (cyclosporine ophthalmic emulsion) 0.05% and DIQUAS(TM) Ophthalmic Solution 3% (diquafosol tetrasodium) in Japan.

Merck described the acquisition as part of its long-term commitment to improving therapeutic options for the treatment of eye diseases.

Click here [1] to read the full press release.


Article printed from Breaking News Related to Macular Degeneration, Cataract, Glaucoma, Corneal Disease and Other Eye Conditions: http://eyedocnews.com

URL to article: http://eyedocnews.com/005218-merck-acquiring-inspire-pharmaceuticals/

URLs in this post:

[1] Click here: http://ir.inspirepharm.com/phoenix.zhtml?c=120779&p=irol-newsArticle&ID=1546840&highlight=

Copyright © 2008 Eye Doc Talk. All rights reserved.