Swiss drugmaker Novartis AG said on Wednesday it agreed to acquire Takeda Pharma...
FILE PHOTO: The logo of Swiss drugmaker Novartis AG is seen at its headquarters in Basel, Switzerland January 25, 2017. REUTERS/Arnd Wiegmann
The Japanese company said it is also selling TachoSil, a surgical patch for bleeding control, to Ethicon for about $400 million. Dry eye occurs when tears are not able to provide adequate lubrication, and if left untreated, can become extremely painful, leading to permanent damage to the cornea and vision. It is estimated that more than 34 million people in the United States are affected.
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