According to what has been posted today in many newspapers, Pfizer will buy King Pharmaceuticals for $3.6 Billion in cash.
King Pharmaceuticals is the the world's 39th largest pharmaceutical company, It produces many famous pharmaceutical products as Altace for heart attack prevention, Levoxyl for hypothyroidism, Sonata, a sleeping aid, and Skelaxin, a muscle relaxant
The deal is Pfizer's largest since it bought rival Wyeth for $68 billion in 2009. That deal closed last October.
0 comments:
Post a Comment