Pfizer To Buy King Pharma For $3.6 billion In Order to Strengthen Pain Franchise
This article was originally published in The Pink Sheet Daily
Executive Summary
Pfizer will gain access to King's specialized portfolio of medications for acute, severe pain and to Remoxy, which could catapult the Big Pharma into the controversial but promising field of tamper-resistant opioid medications.
You may also be interested in...
No Near-Term Separations For Pfizer, But Business Model Will “Evolve”
Beyond the sale of its nutritionals business and spin-out of animal health into Zoetis, no additional separations are planned for Pfizer in the near-term. But CEO Ian Read discussed how he sees the company’s Established Products and Emerging Markets businesses evolving over the long-term, including the potential for an eventual breakout, during a year-end financial call Jan. 29.
No Near-Term Separations For Pfizer, But Business Model Will “Evolve”
Beyond the sale of its nutritionals business and spin-out of animal health into Zoetis, no additional separations are planned for Pfizer in the near-term. But CEO Ian Read discussed how he sees the company’s Established Products and Emerging Markets businesses evolving over the long-term, including the potential for an eventual breakout, during a year-end financial call Jan. 29.
With Strong Q3 Financials, Pfizer Says It's Ready For Generic Competition To Lipitor
The world's largest pharma highlights sales growth of Prevnar 13, Enbrel and Lyrica, emerging markets growth, and a developing plan to sell off animal health and nutritional units.