Abbott Laboratories Acquires OptiMedica for $400,000,000

  • Feed Type
  • Date
    7/15/2013
  • Company Name
    OptiMedica
  • Mailing Address
    1310 Moffett Park Drive Sunnyvale, CA 94089
  • Company Description
    OptiMedica Corporation is a medical device company dedicated to working with ophthalmologists to evolve standards of care which provide significant benefits to both physicians and patients.
  • Website
    http://www.optimedica.com
  • Transaction Type
    M&A
  • Transaction Amount
    $400,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    nder the terms of the agreement, Abbott will acquire OptiMedica for $250 million, net of cash, plus additional payments totaling up to $150 million upon completion of certain development, regulatory or sales milestones.