Nicox Acquires Aciex Therapeutics for $120,000,000

  • Feed Type
  • Date
    7/2/2014
  • Company Name
    Aciex Therapeutics
  • Mailing Address
    470 Atlantic Avenue 4th Floor Boston, MA 02210 USA
  • Company Description
    The company is developing ophthalmic pharmaceutical products to treat ocular diseases.
  • Website
    http://www.aciexrx.com
  • Transaction Type
    M&A
  • Transaction Amount
    $120,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    The transaction, subject to the approval of Nicox’s shareholders, includes a $65 million upfront payment in newly issued Nicox shares, plus contingent value rights giving right to shares, for a potential additional value of up to $55 million.