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Pfizer buys Array BioPharma in $11.4bn deal

Executive Summary

In an effort to expand its cancer offerings with targeted therapies, Pfizer Inc. is paying $11.4bn in cash ($48 per share; a 66% premium) to acquire Array BioPharma Inc.
Deal Industry
  • Biotechnology
    • Drug Discovery Tools
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Includes Contract
    • Payment Includes Cash

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