Founded in 1849, Pfizer is one of the world’s largest drug makers, with over 95,000 global employees, more than 60 manufacturing facilities, and medications sold in over 125 countries.The company’s annual sales exceed $50 billion and are grouped into two business segments:Innovative Health (60% of sales and 62% profits): produces patented medicines to treat various … [Read more...]
Medivation (MDVN) Stock: Soaring on PFE Acquisition
Medivation Inc (NASDAQ: MDVN) | Pfizer Inc. (NYSE: PFE)Medivation is having an incredible day in the market today, and for good reason. Early this morning, it was announced that Pfizer would be acquiring the company. Today, we'll talk about the details of the acquisition, how the stocks reacted to the news and what we can expect to see from MDVN and PFE ahead. So, let's get … [Read more...]
Is Pfizer Likely To Acquire Allergan?
When it comes to the biotechnology market, acquisition rumors are nothing new. In fact, we hear about them quite often. The latest in the line of biotechnology acquisition rumors is the idea that Pfizer is likely to acquire Allergan. Today, we'll discuss the likelihood of this acquisition actually coming to fruition and what we can expect moving forward. If This Happens It … [Read more...]
