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2003:Pfizer and Pharmacia Merger. Pfizer Inc and Pharmacia Corporation began operating as a unified company on April 16, 2003, forging one of the world's fastest-growing and most valuable companies. With a research and development budget of $7.1 billion in 2003, the new Pfizer is now the world's leading research-based pharmaceutical company.
Apr 16, 2003 · April 16, 2003: 2:52 PM EDT. NEW YORK (CNN/Money) - Pfizer said Wednesday that it officially bought Pharmacia, creating a drug company with $46 billion in annual sales and sought-after...
Jul 20, 2002 · Peer review. Claire McKenna. Author affiliations. Pfizer has strengthened its position as the world's leading pharmaceutical company with the announcement that it is to acquire Pharmacia, a smaller rival company, for $60bn (£38bn; €60bn). The merger is set to create a firm with 10% of the ….
- Claire McKenna
- 2002
In July 2002, Pharmacia Corp. and Pfizer announced an agreement that Pfizer would purchase Pharmacia; control of celecoxib was often mentioned as a key reason for Pfizer's acquisition of Pharmacia. The deal was finalized in April 2003.
Jul 29, 2019 · HERTFORDSHIRE, England & PITTSBURGH & Mylan N.V. (Nasdaq: MYL) and Pfizer Inc. (NYSE: PFE) today announced a definitive agreement to combine Mylan with Upjohn, Pfizer’s off-patent branded and generic established medicines business, creating a new global pharmaceutical company.
Jul 15, 2002 · NEW YORK (CNN/Money) - Drug maker Pfizer Inc. said Monday it agreed to buy rival and marketing partner Pharmacia Corp. in a $60 billion deal that combines the maker of Lipitor, Zoloft and...
Jul 15, 2002 · The drug giant Pfizer Inc. has agreed to acquire the Pharmacia Corporation for $60 billion in stock, making it by far the most dominant drug maker in the world, according to executives close to...
