Pfizer to buy antibiotics from AstraZeneca for $725 million

Pfizer to buy antibiotics from AstraZeneca for $725 million


Pfizer agreed to buy an antibiotics business from AstraZeneca for $725 million as well as other payouts, settling for one piece of a company it once tried to acquire. Pfizer will pay $550 million to AstraZeneca when the transaction closes and make another payment of $175 million in January 2019, according to a statement Wednesday.



from Biotech News