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Abbott pays $250mm in cash plus earn-outs to acquire OptiMedica

Executive Summary

To move its Abbott Medical Optics Inc. into the femtosecond laser-assisted cataract surgery market, Abbott Laboratories Inc. is buying ophthalmic device maker OptiMedica Corp. for $250mm in cash plus up to $150mm in earn-outs based on development, regulatory, and sales achievements.
Deal Industry
  • Medical Devices
    • Laser
    • Surgical Equipment & Devices
      • Minimally or Less Invasive
Deal Status
  • Final
Deal Type
  • Acquisition
    • Payment Includes Cash
    • Full Acquisition
    • Includes Earnout

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