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AptarGroup (ATR) Unit Unveils Ophthalmic Squeeze Dispenser

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A unit of AptarGroup, Inc. (ATR - Free Report) , Aptar Pharma, has introduced an innovative and patented preservative-free multi-dose Ophthalmic Squeeze Dispenser. The unique dispenser is patient-friendly, cost-effective and preservative-free.

Eye problems have become quite common these days. A number of patients experience eye irritation or allergic reactions. Dry eye patients use eye drops on a regular basis and often for the rest of their lives.

Aptar Pharma is working closely with eye care specialist – Allergan – to enhance patient safety and achieve accuracy of doses. In line with this effort, the company introduced the Ophthalmic Squeeze Dispenser for patients in the U.S. prescription market, with Allergan’s RESTASIS MULTIDOSE 0.05%.

RESTASIS is a prescription medicine that helps increase the eyes' natural ability to produce tears. Now, preservatives can be removed from eye care medications with Aptar Pharma’s Ophthalmic Squeeze Dispenser system.

RESTASIS and RESTASIS MULTIDOSE have also received FDA approval. These dispensers with ergonomic and pocket-size design, with a low actuation force, contribute to the high levels of acceptance among consumers around the world.

Moreover, AptarGroup is well positioned for growth as it continues to leverage on its technologies and processes across business segments. The company’s Pharma segment is poised to gain from solid custom tooling and product sales to the consumer healthcare market.

Year to date, AptarGroup has outperformed the Zacks classified Containers-Paper/Plastic sub-industry with respect to price performance. The stock gained around 4.6%, while the industry recorded 2.9% growth.


 

AptarGroup currently carries a Zacks Rank #3 (Hold).

Better-ranked stocks in the same space include ACCO Brands Corporation (ACCO - Free Report) , Casella Waste Systems, Inc. (CWST - Free Report) and Roper Technologies, Inc. (ROP - Free Report) . All three stocks flaunt a Zacks Rank #1 (Strong Buy).  You can see the complete list of today’s Zacks #1 Rank stocks here.

ACCO Brands Corporation has an average positive earnings surprise of 24.74% for the trailing four quarters. Casella Waste Systems has a remarkable average earnings surprise of 165.21% for the last four quarters, while Roper Technologies has an average earnings surprise of 0.92% for the same time period.

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