Report: Mylan, Pfizer unit close to merger

//Report: Mylan, Pfizer unit close to merger

Report: Mylan, Pfizer unit close to merger

Generic drugmaker Mylan NV is close to a merger with a unit of pharmaceutical giant Pfizer Inc., The Wall Street Journal reported Saturday. Mylan (Nasdaq: MYL) and the off-patent medicine business of Pfizer (NYSE: PFE) would be combined to create a new entity that would be headquartered in the United States, according to the Journal. Details of the potential deal have yet to be announced but the Journal said it could be a stock deal with Mylan's existing shareholders having about 40 percent of theā€¦

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By | 2019-07-27T20:23:01+00:00 July 27th, 2019|Healthcare|

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