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New Deal


Announced

Completed

Alcon completed the acquisition of Aerie Pharmaceuticals for $770m.

Financials

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Transaction Value£650m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium37%
One Off Charge-

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Merger

Acquisition

clinical-stage pharma

pharmaceutical company

Majority

United States

Pharmaceuticals

Cross Border

Public

Single Bidder

Completed

Synopsis

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Alcon, a medical company specializing in eye care products, completed the acquisition of Aerie Pharmaceuticals, a pharmaceutical company focused on the discovery, development, manufacturing and commercialization of first-in-class ophthalmic therapies, for $770m. "Alcon is passionate about innovative treatments in eye care, especially in core disorders such as glaucoma and dry eye, which have significant patient impact. We have a 75-year history focused specifically on the eye and bring established expertise in development and commercial execution. Aerie is a natural fit with on-market and pipeline products, and R&D capabilities that offer the infrastructure needed to expand our ophthalmic pharmaceutical presence. As we continue to broaden our portfolio across glaucoma, retina and ocular surface disease, we are excited to help even more patients see brilliantly," David Endicott, Alcon CEO.

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