U.S. pharmaceutical firm Abbott is to acquire local eye care products' manufacturer Advanced Medical Optics (AMO) in a $2.8 billion deal, the companies announced on Jan. 12.
"With AMO, Abbott is enhancing and strengthening its diverse mix of medical device businesses and gaining a leadership position in another large and growing segment," Abbott chief executive Miles White said.
AMO is a top maker of laser and cataract surgical devices and contact lens care products.
Copyright Agence France-Presse, 2002-2025. AFP text, photos, graphics and logos shall not be reproduced, published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. AFP shall not be held liable for any delays, inaccuracies, errors or omissions in any AFP content, or for any actions taken in consequence.