Article: Alcon will pay up to $589M for ESBATech.

M2 PRESSWIRE-15 September 2009-Crown Equity Holdings, Inc.: Alcon will pay up to $589M for ESBATech(C)1994-2009 M2 COMMUNICATIONS

RDATE:14092009

Las Vegas CRWENews.com is pleased to announce a stock highlight on Alcon Inc. (ACL) Eye-drug maker Alcon said Monday September 14, 2009 it will buy Swiss biotechnology company ESBATech AG in a deal worth up to $589 million.

Alcon said it will pay $150 million in cash, with milestone payments of up to $439 million if ESBATech drug candidates advance through clinical development. ESBATech is a development-stage company with no products on the market, but is working on treatments for inflammatory eye ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!