Japan's Astellas Pharma agrees to acquire IVERIC Bio for $5.9b

Japan's Astellas Pharma agrees to acquire IVERIC Bio for $5.9b

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Japan’s Astellas Pharma said on Monday it agreed to buy U.S.-based drugmaker IVERIC Bio Inc for about $5.9 billion in its biggest acquisition, giving it access to a range of ophthalmology treatments.