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A squirt in the right direction for drugmakers?
Drugmakers’ traditional model is under threat from looming loss of exclusivity on some of the industry’s biggest sellers.
wyeth
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Pfizer to buy Wyeth, will cut jobs
Pfizer is buying rival drug maker Wyeth in a -billion deal that will increase its revenue by 50 percent and solidify its No 1 rank in the industry.
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Pfizer nears $68bn deal to buy Wyeth, say sources
Pfizer Inc was close to a -billion purchase of US rival Wyeth in a move to diversify its revenue base, sources familiar with the situation said.