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Valeant Sees Positive Results With Epilepsy Drug; Eyeonics Swings to Profit, Sales Up 36%
HEALTHCARE
This year has seen big names dominate the headlines for Orange County healthcare deals.
Ai the top are Santa Ana-based Advanced Medical Optics Inc.'s $808 million buy of Irvine's IntraLase Corp. and Fullerton's Beckman Coulter Inc.'s $1.55 billion offer for Biositc Inc.
But a few smaller deals have managed to break through, including a pair earlier this month.
EGene Inc.. an Irvine maker of machines for DNA and RNA analysis that trades on the low-profile Bulletin Board exchange, said this month it's being bought for $34 million in cash and stock by Qiagen NV, a Netherlands-based diagnostic products maker.
The deal's been approved by both companies' boards and is expected Iu close in the third quarter.
EGene makes a low-cost bird flu screening test, among other things. It's led by Ming S. Liu, a former principal scientist at Beckman.
Bespak PLC, a British company that makes breathing products, said...