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AOS Spins Off Rest of Ophthalmic Assets (Australia)

This article was originally published in PharmAsia News

Executive Summary

Australia's Advance Ocular Systems Ltd (AOS) has cut a deal with Singapore-based K-One Industries Pte Ltd to spin off its ophthalmic assets into a separate company. As part of the deal, AOS will get $5 million in cash and $13 million in shares of the new company. The new entity will be listed on the Singapore Stock Exchange. (Click here for more



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