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QLT acquires ophthalmic device company

Executive Summary

Hoping to increase its eye disease business, QLT has acquired the assets of ForSight Newco II, an entity created by ophthalmic products incubator ForSight Labs that is developing an ocular punctal plug drug delivery device.
Deal Industry
  • Biotechnology
  • Medical Devices
    • Implantable Devices
  • Pharmaceuticals
    • Drug Delivery
      • Controlled Release
    • Specialty Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Acquisition
    • Includes Earnout
    • Payment Includes Cash
    • Full Acquisition
    • Includes Contract

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