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Pfizer strikes $5.2bn eczema firm deal

2016-05-16 14:15:47| BBC News | Business | UK Edition

Drugmaker Pfizer will acquire the maker of a new eczema treatment in a deal worth $5.2bn (3.6bn).

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Henderson Group PLC Has $94,985,000 Position in Pfizer Inc.

2016-04-16 06:13:35| Biotech - Topix.net

Henderson Group PLC reduced its stake in Pfizer Inc. by 32.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,942,979 shares of the biopharmaceutical company's stock after selling 1,397,380 shares during the period.

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Beyond Foiling Pfizer, U.S Aims at Intra-Company Loans 'Fiction'

2016-04-11 20:01:35| Biotech - Topix.net

Escalating a 19-month regulatory assault against U.S. companies' shifting their tax addresses offshore, President Barack Obama's administration last week also went after companies that have always been overseas. A proposed regulation from the Treasury Department targets loans that foreign companies make to their U.S. subsidiaries - a technique that loads the American units with tax-deductible interest payments while shifting their profits offshore.

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Allergan, Pfizer call off proposed $160B merger

2016-04-07 02:45:40| Biotech - Topix.net

Top U.S. drugmaker Pfizer and Irish rival Allergan are charting independent futures after scrapping a record $160 billion deal torpedoed by new Treasury Department rules meant to block American companies from moving their corporate addresses overseas - on paper - to avoid U.S. taxes. The rules issued Monday, aimed at stopping the companies' "tax inversion" deal, wiped out its financial incentives and rationale for Pfizer Inc., though they had no impact on Allergan PLC.

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Pfizer scraps $160bn Allergan deal

2016-04-06 13:33:38| BBC News | Business | UK Edition

Drugmaker Pfizer confirms it has "terminated" its planned merger with Ireland's Allergan following news of possible changes to US tax laws.

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