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Incoming Shire CEO outlines ophthalmics strategy after SARcode, Premacure deals
Shire sees opportunity
Monday, April 1, 2013
With two ophthalmics deals in as many weeks, Shire plc
has revealed the next specialty area in which it wants a foothold. The company
believes the small size of the ophthalmic practitioner population - about
42,000 in the U.S. - as well as the availability of novel targets, make it a
The first deal came on March 12
when Shire announced the acquisition of Premacure AB. The Swedish company's
Premiplex (formerly iPlex) is in Phase II testing to prevent retinopathy of
prematurity (ROP), a rare disease that primarily affects premature infants and
can lead to blindness. The protein replacement therapy includes a complex of
insulin-like growth factor-1 (IGF-1) and its principal binding protein,
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