Tag Archives: merger

Pfizer gives up the chase.

Pfizer is saying today that it does not intend to extend a firm offer for AstraZeneca, bringing an end to its attempt to acquire the UK drug maker.  AZ shareholders were split on the latest offer, and a stumble by AZ would … Continue reading

Posted in Pharmaceutical Industry | Tagged , , | Leave a comment

Pfizer is a shark that can’t stop feeding

So says John LaMattina, a former head of research at Pfizer: The only way for a shark to survive is to keep going forward. To maintain its leadership, Pfizer will again need to make a major acquisition in the next … Continue reading

Posted in Pharmaceutical Industry | Tagged , , , , | Leave a comment

Pfizer won’t take no for an answer

Amidst several indications that Pfizer will launch a hostile bid for AstraZeneca if necessary, this quote stands out: Asked whether hostile moves could hurt integration of the two companies, Chief Executive Ian Read said, “No, in my opinion, all it … Continue reading

Posted in Pharmaceutical Industry | Tagged , , , , | Leave a comment

Pfizer’s real strategy is (mostly) tax-minimization

   Many observers were initially left scratching their heads over Pfizer’s pursuit of AstraZeneca, a company that has had major pipeline troubles of its own.  As more information has come out, Pfizer’s strategy is beginning to make sense.  They aren’t pursuing an old-style mega … Continue reading

Posted in Pharmaceutical Industry | Tagged , , , , | 1 Comment