08:00 , Mar 2, 2009 |  BC Week In Review  |  Company News

Abbott, Advanced Medical Optics deal

Abbott completed its previously announced acquisition of Advanced Medical Optics for $22 per share or about $1.3 billion. The original deal value of $2.8 billion included an estimation of net debt at the time of...
08:00 , Jan 19, 2009 |  BC Week In Review  |  Company News

Abbott, Advanced Medical Optics deal

Abbott will acquire ophthalmic medical device company Advanced Medical for $22 per share in cash, for a total deal value of $2.8 billion, including estimated net debt. The price is a 149% premium to Advanced...
07:00 , Jul 21, 2008 |  BC Week In Review  |  Company News

Predictive Biosciences management update

Predictive Biosciences Inc., Lexington, Mass.   Business: Diagnostic   Hired: Ellen Sheets as CMO, formerly CMO and SVP at Hologic Inc.; and Vikram Lamba as CFO, formerly VP of corporate development at Advanced Medical Optics Inc....
08:00 , Dec 3, 2007 |  BioCentury  |  Finance

Ebb & Flow II

The $1.7 billion in cash that GlaxoSmithKline (LSE:GSK; GSK) paid for specialty pharma company Reliant is not providing a hefty return for some of the latter's long-term investors. Alkermes (ALKS), which owns 12.9% of Reliant, will...
08:00 , Feb 13, 2006 |  BC Week In Review  |  Company News

Connetics management update

Connetics Corp. (CNCT), Palo Alto, Calif.   Business: Dermatology   Hired: Freddie Park as VP of IP, formerly VP and chief IP counsel at Advanced Medical Optics Inc.   ...