pSivida Corp. Announces Transformative Acquisition of Icon Bioscience Inc. and Growth Capital Financing with Essex Woodlands Healthcare Partners – Company Will Rebrand as EyePoint Pharmace...
PSIVIDA (PSDV)
Last psivida earnings: 2/7 04:02 pm
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Source: GlobeNewswire
Acquisition and additional funding significantly accelerate the company’stransformation to a specialty biopharmaceutical company with the potential tocommercialize two ophthalmic products in 1H 2019 Icon Bioscience’s DEXYCU™ (dexamethasone intraocular suspension) 9% wasapproved by the FDA on February 9, 2018, and is the first long acting intraocularproduct approved for the treatment of postoperative inflammation Essex Woodlands (EW) Healthcare Partners, an established growth equity firm, and a third party investor will make an equity investment in pSivida for a total of up to approximately $60.5 million SWK Holdings will provide up to $20 million in debt financing pSivida Corp. will rebrand and change its name to EyePoint Pharmaceuticals Inc. (NASDAQ:EYPT) effective April 2, 2018 Conference Call and Webcast Tomorrow, March 29, 2018, at 8:00 a.m. ET WATERTOWN, Mass., March 28, 2018 (GLOBE NEWSWIRE) -- pSivida Corp. (NASDAQ:PSDV) (ASX:PVA), a specialty biopharma
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