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Advances Astellas' focus on Blindness & Regeneration with lead program Avacincaptad Pegol for the potential treatment of geographic atrophy.
May 1, 2023
By: Kristin Brooks
Managing Editor, Contract Pharma
Astellas Pharma Inc. and Iveric bio, Inc. have entered into a definitive agreement under which Astellas through Berry Merger Sub, Inc., a wholly-owned subsidiary of Astellas US Holding, Inc., has agreed to acquire Iveric Bio for a total equity value of approximately $5.9 billion. The acquisition provides a foundation of ophthalmology focused capabilities, including a commercial team, expansive network of experts in the ophthalmology field, established relationships with medical institutions,...
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