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Pfizer (PFE) to Acquire Medivation (MDVN) in $14B Deal

Go back to Pfizer (PFE) to Acquire Medivation (MDVN) in $14B Deal

Pfizer to Acquire Medivation

August 22, 2016 6:46 AM EDT

NEW YORK, NY and SAN FRANCISCO, CA -- (Marketwired) -- 08/22/16 -- Medivation, Inc. (NASDAQ: MDVN) -

Propels Pfizer into a leading position in oncologyMedivation agrees to transaction valued at $81.50 per Medivation share in cash, for a total enterprise value of approximately $14 billionExpected to be immediately accretive to Pfizer's Adjusted Diluted EPS upon closing, approximately $0.05 accretive in first full year after close with additional accretion and growth anticipated thereafter

Pfizer Inc. (NYSE: PFE)... More

Pfizer To Acquire Medivation

August 22, 2016 6:45 AM EDT

Propels Pfizer into a leading position in oncology Medivation agrees to transaction valued at $81.50 per Medivation share in cash, for a total enterprise value of approximately $14 billion Expected to be immediately accretive to Pfizers Adjusted Diluted EPS upon closing, approximately $0.05 accretive in first full year after close with additional accretion and growth anticipated thereafter

NEW YORK & SAN FRANCISCO--(BUSINESS WIRE)-- Pfizer Inc. (NYSE: PFE) and Medivation, Inc. (NASDAQ: MDVN) today... More

FDA Approves TROXYCA® ER (oxycodone hydrochloride and naltrexone hydrochloride) Extended-Release Capsules CII with Abuse-Deterrent Properties for the Management of Pain

August 19, 2016 6:21 PM EDT

NEW YORK--(BUSINESS WIRE)-- Pfizer Inc. (NYSE: PFE) announced today that the U.S. Food and Drug Administration (FDA) has approved TROXYCA® ER (oxycodone hydrochloride and naltrexone hydrochloride) extended-release capsules, for oral use, CII for the management of pain severe enough to require daily, around-the-clock, long-term opioid treatment and for which alternative treatment options are inadequate. TROXYCA ER has properties that are expected to reduce abuse when crushed and administered by the oral and intranasal routes. However, abuse of TROXYCA ER by these routes is still possible. It is the only oxycodone with... More