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Pfizer Swallows Wyeth: Deal Is Worth $68 Billion

Started by MikeLigalig.com, January 26, 2009, 11:46:12 PM

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MikeLigalig.com

January 26, 2009, 11:46:12 PM
US drugmaker Pfizer is to buy rival Wyeth in a deal worth $68bn (£50bn), the two companies have announced.

The merger will allow Pfizer to protect itself from a drop in revenues when its popular drug Lipitor and other products lose patent protection.

It will also help Pfizer diversify its product portfolio, thanks to Wyeth's presence in biotech drugs and vaccines. - BBC News
For God so loved the world, that he gave his only Son (Jesus Christ), that whoever believes in him should not perish but have eternal life. For God did not send his Son into the world to condemn the world, but in order that the world might be saved through him. Whoever believes in him is not condemned, but whoever does not believe is condemned already, because he has not believed in the name of the only Son of God. - John 3:16-18

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glacier_71

#1
January 26, 2009, 11:53:48 PM
which means some souls could lose their jobs.
meds could get more expensive and
Viagra could be free
Artificial Intelligence is nothing in comparison to Natural Stupidity.
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