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Novartis buys Takeda’s dry eye drug for $3.4 bln

Swiss drugmaker Novartis AG said on Wednesday it agreed to acquire Takeda Pharmaceutical Company Ltd’s dry eye drug Xiidra for an upfront payment of $3.4 billion to expand its portfolio of eye care medicines.

Original source: https://health.economictimes.indiatimes.com/news/pharma/novartis-buys-takedas-dry-eye-drug-for-3-4-bln/69243472?utm_source=RSS&utm_medium=ETRSS

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