AbbVie has option to acquire iSTAR in glaucoma tie-up
US drugmaker AbbVie (NYSE: ABBV) has expanded its eye care portfolio in a deal with Belgian company iSTAR Medical.
The strategic transaction is for the further development and commercialization of iSTAR Medical's MINIject device, a minimally invasive glaucoma surgical (MIGS) device for patients with glaucoma.
MINIject received Conformité Européenne marking approval to commercialize in European countries in the last quarter of 2021 and launched commercially in select European countries in early 2022.
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