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Allergan to Sell Line

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Dow Jones

Allergan Inc. signed an agreement to sell its line of Imidazyl/Herbe over-the-counter eye drops to international pharmaceutical company Recordati S.P.A. Financial terms were not disclosed.

Allergan said the product line includes Imidazyl decongestant eye drops, Imidazyl Antihistamine eye drops for allergic and inflammatory states of the eye and conjunctivitis, and Herbe eye drops for cases of mild irritation.

Recordati has been Allergan’s exclusive distributor for these products in Italy since 1994, the Irvine-based health-care company said.

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