Glaukos to acquire Avedro in all-stock transaction

Glaukos will set the cornerstone of its new corneal health franchise with the acquisition of Avedro, according to a press release announcing the two companies have entered into a definitive merger agreement.
The all-stock transaction is subject to Avedro stockholder approval, as well as customary closing and regulatory approvals, and is expected to be completed by the end of the year, the release said.
The acquisition in the corneal health space comes quickly after the expansion of Glaukos into the retinal space with its acquisition of Dose Medical, announced in (Read more...)

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