Allergan Focuses On Aesthetics As Sales Dip For Dry Eye Leader Restasis

Allergan's second quarter exceeded expectations and full-year guidance was raised slightly, but while the aesthetics business grew, ophthalmology with a 9.4% Restasis decline was a notable outlier.

Eye

Allergan PLC touted the performance of its aesthetics business during its second quarter report, but while Botox (onabotulinumtoxinA) and sales of dermal fillers soared, the ophthalmology business fell due to a 9.4% drop for the blockbuster dry eye drug Restasis (cyclosporine).

The company reported a 9% year-over-year increase in total revenue to $4bn in the second quarter with non-GAAP earnings per...

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