Allergan Makes an Eye-Opening Acquisition

Global pharmaceutical company Allergan (NYSE:AGN) may have just revealed its plans for the future.  On Aug. 11, the company announced its plan to acquire ForSight Vision5, a privately held biotech.  Allergan will pay $95 million up front and will also pay a milestone payment next year if ForSight’s innovative glaucoma treatment device makes it through the…

New drug candidate is promising therapeutic option for angiogenic retinal diseases

A research team led by scientists at Beth Israel Deaconess Medical Center (BIDMC) and the University of New Mexico School of Medicine has identified a small molecule that treats animal models of aged macular degeneration (AMD) and retinopathy of prematurity (ROP) by preventing the overgrowth of blood vessels that are characteristic of these two retinal…