Takeover bid of British AstraZeneca was given up by the US drugmaker Pfizer after its final $117-billion offer was rejected last week, the latter said on Monday.
Pills for Prolonging Life in Lung Cancer Patients
One of the leading causes of deaths in females is lung cancer. Though smoking is the main cause of lung cancer, it is seen that 20 percent of women suffering from lung cancer have never smoked.
One of the leading causes of deaths in females is lung cancer. Though smoking is the main cause of lung cancer, it is seen that 20 percent of women suffering from lung cancer have never smoked.
Pfizer had said that the combined company would deliver an expanded product pipeline, deep potential cost cuts and significant tax savings.
"We continue to believe that our final proposal was compelling and represented full value for AstraZeneca based on the information that was available to us," said Ian Read, chairman and CEO of Pfizer in the statement.
Merger Tussle Between Drugs Giants Pfizer, AstraZeneca With $100 Bn Deal
An informal approach worth almost $100 billion between US drugs giant Pfizer entering into merger with British rival AstraZeneca will fuel cancer research.
An informal approach worth almost $100 billion between US drugs giant Pfizer entering into merger with British rival AstraZeneca will fuel cancer research.
Pfizer's play for AstraZeneca comes as global pharmaceutical giants manoeuvre to cope with lost revenues from public sector cutbacks in health care, and patent expirations.
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Generic Viagra Sale in US: Pfizer Reaches Settlement With Teva
A patent litigation against Teva Pharmaceuticals over the sale of a generic version of blockbuster drug Viagra which treats erectile dysfunction was settled by pharma giant Pfizer in US.
A patent litigation against Teva Pharmaceuticals over the sale of a generic version of blockbuster drug Viagra which treats erectile dysfunction was settled by pharma giant Pfizer in US.
Pfizer Plans To Raise Bid for AstraZeneca: Media Reports
Media reports reveal that Pfizer plans to increase its bid to acquire AstraZeneca as it seeks to bring the British pharmaceutical giant to the negotiating table.
Media reports reveal that Pfizer plans to increase its bid to acquire AstraZeneca as it seeks to bring the British pharmaceutical giant to the negotiating table.
