Faculty Of Medicine

Blog For Young Doctors And Medical Students.

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.