Skip to main content

MoneyWorks4Me

Pfizer planning to merge off-patent drug business with Mylan

30 Jul 2019 Evaluate

Pfizer is planning to merger its off-patent drug business with generic drugmaker Mylan to create a global leader in low-cost treatment. The new entity, which will be renamed upon the deal's closure, will have a portfolio that includes impotence drug Viagra, cholesterol pills Lipitor, painkiller Lyrica, and the life-saving EpiPen allergy treatment.

Pfizer has produced innovative breakthroughs in a wide range of research areas, including depression, erectile dysfunction, high cholesterol, HIV infection, hypertension, bacterial infections and systemic fungal infections.

Peers
Company Name CMP
Sun Pharma. Inds. 1816.40
Dr. Reddys Labs. 1376.25
Cipla 1399.55
Lupin 1980.55
Zydus Lifesciences 1188.10
View more..