The terms of the deal were not disclosed.
The companies anticipate the deal will deliver 40 off-patent products—primarily injectable cancer medicines—to healthcare providers and patients in the United States.
Shares of Pfizer were down 5 cents, or .27 percent, to $18.61.
About EQUITIES:
Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.
Sign up for a free one-year subscription to EQUITIES Magazine