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Merck & Co., Inc.
Drug Names(s): denufosol tetrasodium
Description: INS37217 Ophthalmic has been shown in experimental models of retinal detachment to stimulate retinal re-attachment by reabsorbing (i.e., draining) extraneous sub-retinal fluid across the retinal pigment epithelium.
Deal Structure: INS37217 Ophthalmic was originally developed by Inspire.
In April 2011, Merck and Inspire Pharmaceuticals announced that they have entered into a definitive agreement under which Merck will acquire Inspire. In May 2011, Merck announced that it is has completed its acquisition of Inspire Pharmaceuticals.
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