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Allergan expands eye care pipeline with acquisition
DUBLIN and ANN ARBOR, Mich. — Allergan announced Tuesday that it had acquired substantially all of the assets of RetroSense Therapeutics, a clinical-stage biotechnology company focused on novel gene therapy approaches to restore vision for patients with blindness. The acquisition saw Allergan pay RetroSense a $60 million upfront payment, with the promise of potential regulatory and commercialization milestone payments for the company’s lead development program, RST-001 — a potential therapy for retinitis pigmentosa.