Faculty Of Medicine

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Pfizer will buy King Pharmaceuticals

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.

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