Bausch Health Companies (NYSE:BHC) and Eton Pharmaceuticals (NASDAQ:ETON) announce the FDA nod for Alaway Preservative Free ophthalmic solution antihistamine eye drops as the first over-the-counter (OTC) preservative-free formulation eye drop.
"We expect Alaway Preservative Free will be available for purchase in the Spring of 2021 at major retailers in time for the start of allergy season." says Joe Gordon, U.S. president, Bausch + Lomb.
An affiliate of Bausch Health acquired the U.S. rights to Alaway Preservative Free from Eton in 2019.
https://seekingalpha.com/news/3617312-fda-oks-bausch-lomb-preservative-free-eye-drop
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