| Valeant Acquires Aton Pharma |
| Written by Derek Lowe | |||||||
| Saturday, 29 May 2010 | |||||||
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Valeant Pharmaceuticals International has announced the acquisition of Aton Pharma, a specialty pharmaceutical company focused on ophthalmology and certain orphan drug indications, located in Lawrenceville, New Jersey.
Valeant raised $37m in funding from venture capitalists, including Aisling Capital, HealthCare Ventures and Johnson & Johnson Development Corp, for the buy. The purchase of Aton follows a number of recent acquisitions by Valeant, including Brazil's Instituto Terapeutico Delta in March, and an unnamed Brazilian company and Canada's Vital Science Corp in April.
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