PRESS RELEASE DUBLIN and SOUTH SAN FRANCISCO BAY AREA.

PRESS RELEASE DUBLIN and SOUTH SAN FRANCISCO BAY AREA, Calif., July 6, 2015 /PRNewswire/ – – Allergan plc , a leading global pharmaceutical company, and Oculeve, a development-stage medical device business focused on developing novel treatments for dry eyes disease, today announced they have entered into an contract under which Allergan will acquire Oculeve within an all-cash transaction. Under the terms of the contract, Allergan will acquire Oculeve for a $125 million upfront payment and commercialization milestone obligations linked to Oculeve's lead development program OD-01 http://nizagara.net . The contract also includes the acquisition of an additional earlier-stage dry eye device development program.

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