Monday, August 22, 2016

Pfizer bid for Medivation – Västerbotten Courier

The American pharmaceutical group Pfizer has agreed to buy rival Medivation, specialized in the production of pharmaceuticals for the treatment of cancer, for about 14 billion dollars (about 120 billion) .

Pfizer has offered shareholders Medivations 81:50 dollars per share, representing a premium of 21 percent compared with Medivation share’s closing price on Friday.

also, other competitors, such as Sanofi and Merck & amp; Co., according to Reuters sources have also expressed interest in the purchase of Medivation, based in the United States.

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