Pfizer to buy Biohaven Pharmaceutical for $11.6 billion

  • 📰 RTEbusiness
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 61%

Health Health Headlines News

Pfizer's deal for Biohaven comes as the drugmaker seeks to beef up its portfolio ahead of patent losses for some cancer drugs.

Pfizer said it will buy migraine drug maker Biohaven Pharmaceutical Holding Company for about $11.6 billion in cash.

Through the deal, Pfizer will gain access to Biohaven's approved drug Rimegepant that belong to a class of migraine drugs known as calcitonin gene-related peptide inhibitors.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 16. in HEALTH

Health Health Latest News, Health Health Headlines