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Pfizer, Allergan form world's largest drugmaker in $160 billion deal

2015-11-23 21:31:43| Biotech - Topix.net

Pfizer and Allergan are joining in the biggest buyout of the year, a $160 billion stock deal that will create the world's largest drugmaker. It's also the largest so-called inversion, where an American corporation combines with a company headquartered in a country with a lower corporate tax rate, saving potentially millions each year in U.S. taxes.

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Drug Giant Pfizer To Merge With Allergan In Deal To Lower Corporate Taxes

2015-11-23 21:31:42| Biotech - Topix.net

The Pfizer flag flies in front of its world headquarters in New York. Pfizer and Dublin-based Allergan will merge, creating the world's biggest drug-maker by sales.

Tags: lower corporate deal drug

Pfizer and Allergan combine in biggest drug merger ever

2015-11-23 21:31:41| Biotech - Topix.net

In one of the biggest corporate deals ever, Pfizer and Allergan announced Monday that they would combine to create the world's largest pharmaceutical giant. The merger, which still needs regulatory approval, would bring blockbuster drugs like Pfizer's Lyrica, Enbrel and Viagra and Allergan's Botox and Restasis under one corporate roof.

Tags: ever drug biggest combine