這個兼並可真是史無前例。。

PFIZER buy SGEN in 43

 

FILE PHOTO: Pfizer spending billions to expand European manufacturing

Foo Yun Chee

Thu, October 19, 2023 at 7:54 AM PDT

 

 

In this article:

•  

   

• PFE

  -0.70%

   

 

 

 

 

By Foo Yun Chee

BRUSSELS (Reuters) - U.S. pharmaceutical company Pfizer gained unconditional EU antitrust approval on Thursday for its proposed $43 billion acquisition of cancer drug maker Seagen.

Pfizer announced the deal in March, its largest purchase in a string of recent acquisitions thanks to a once-in-a-lifetime cash windfall from its COVID-19 vaccine and treatment.

The European Commission said the deal would not significantly reduce competition in the 27-country European Union nor would it have a negative impact on prices.

"The proposed merger would not raise competition concerns," the EU antitrust watchdog said in a statement.

Washington-based Seagen is a pioneer of antibody-drug conjugates, which work like "guided missiles" designed to destroy cancer while sparing healthy cells.