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Nicox sells ophthalmic Dx unit to Valeant; sharpens focus on therapeutics

This article was originally published in Clinica

Executive Summary

Nicox has divested its US ophthalmic diagnostics unit to Valeant Pharmaceuticals International in a deal worth up to $20m. The move will enable Nicox to focus exclusively on growing its ophthalmic therapeutics business, which has expanded in the last 12 months through four separate acquisitions.

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