Akorn (AKRX) to Acquire Minority Stake in Aciex Therapeutics

August 2, 2011 7:11 AM EDT
Akorn, Inc. (Nasdaq: AKRX), has entered an agreement to acquire a minority ownership in Westborough, MA, based Aciex Therapeutics Inc.

In addition, Akorn signed a global licensing agreement for a novel over-the-counter eye care product and manufacturing agreement for one of Aciex’s lead prescription products.

Financial terms of the deal were not disclosed.


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