Company type | Subsidiary |
---|---|
Nasdaq: ISTA | |
Industry | Pharmaceuticals |
Founded | 1992 |
Headquarters | Irvine, California |
Key people |
|
Products | Bromday, Bepreve, Xibrom, Istalol, Vitrase |
Website | www |
ISTA Pharmaceuticals, Inc., was a US-based pharmaceutical company that specialized in ophthalmic pharmaceutical products and discovers, develops, and markets therapies for inflammation, ocular pain, glaucoma, allergy, and dry eye.[1] ISTA was acquired by Bausch & Lomb, an eye care company, on March 26, 2012.[2] Under the deal, Bausch & Lomb have agreed to pay $9.10 per share for ISTA, bringing the total value of the acquisition to $500 million.[3] In 2012, Valeant Pharmaceuticals withdrew its $360 million offer.[4]