(draft 1 – 12/12/06 – for internal review only – not for distribution)

Alimera Sciences and Bausch & Lomb Announce Transaction
For Alaway™ OTC Eye Care Product
FOR RELEASE WEDNESDAY, DECEMBER 20, 2006 ATLANTA, GA AND ROCHESTER, NY – Alimera Sciences, a privately-held company headquartered in Atlanta, GA and Bausch & Lomb (NYSE:BOL) today announced that Bausch & Lomb has purchased Alimera’s OTC allergy franchise, including Alaway (ketotifen fumarate ophthalmic solution 0.025%), which was recently approved by the U.S. Food and Drug Administration. Alaway is an antihistamine indicated for up to 12 hours of temporary relief for itchy eyes due to ragweed, pollen, grass, animal hair and dander. Alaway contains the same active ingredient and strength and is shown to be therapeutically equivalent to Zaditor™, a prescription product being switched to OTC by Novartis. “The acquisition of Alaway not only enhances our current OTC product portfolio by giving us a stronger and longer-lasting product to address the needs of consumers who suffer itchy eyes, but it also gives us an excellent technology platform for the development of product line extensions in the ocular allergy category,” said Gary M. Phillips, MD, corporate vice president and global pharmaceutical category leader for Bausch & Lomb. “We are delighted by this transaction with a leading company like Bausch & Lomb and their valuation of our allergy franchise,” said Dan Myers, president and chief executive of Alimera. “The monetization of this franchise represents a strong return on our investment in the OTC business and allows us to focus our attention and resources on Medidur™, our investigational drug currently in Phase 3 clinical trials for the treatment of diabetic macular edema (DME), and to pursue the development of other drug delivery technologies.” Financial details of the transaction were not disclosed.
Bausch & Lomb News Media Contact:

Alimera Sciences Contact:
Bausch & Lomb Investor Relations Contact:
Daniel L. Ritz

This news release contains, among other things, certain statements of a forward-looking nature relating to future events or
the future business performance of Bausch & Lomb. Such statements involve a number of risks and uncertainties
including those concerning economic conditions, currency exchange rates, product development and introduction, the
financial well-being of key customers, the successful execution of marketing strategies, the continued successful
implementation of its efforts in managing and reducing costs and expenses, as well as the risk factors listed from time to
time in the Company’s SEC filings, including but not limited to filings on Form 8-K and on Form 12b-25, each dated
August 8, 2006.
About Alimera Sciences Inc.
Atlanta-based Alimera Sciences Inc., a venture backed company, specializes in the development and commercialization
of over-the-counter and prescription ophthalmology pharmaceuticals. Founded by an executive team with extensive
development and revenue growth expertise, Alimera initiated a Phase III clinical trial in October 2005 to study diabetic
macular edema (DME) patients treated using Medidur™ with fluocinolone acetonide, the company’s pharmacologic
treatment for DME. Alimera Sciences also sells Soothe® nationwide, the market’s first multi-dose, emollient-based
artificial tear product.
About Bausch & Lomb
Bausch & Lomb is the eye health company, dedicated to perfecting vision and enhancing life for consumers around the
world. Its core businesses include soft and rigid gas permeable contact lenses and lens care products, and ophthalmic
surgical and pharmaceutical products. The Bausch & Lomb name is one of the best known and most respected
healthcare brands in the world. Founded in 1853, the Company is headquartered in Rochester, New York. Bausch &
Lomb employs approximately 13,700 people worldwide and its products are available in more than 100 countries. More
information about the Company is on the Bausch & Lomb Web site at yright Bausch & Lomb

Source: http://alimera.picturethishosting.com/Portals/0/News-Releases-122006.pdf

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