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Pfizer and Pharmacia agreed in US$60 billion stock deal

Published: 2002-07-19 06:59:00
Updated: 2002-07-19 06:59:00
Another big deal was recently made available, one year after the M&A deal between Glaxo Wellcome and SmithKline Beecham.

The Wall Street Journal reported on July 15 that Pfizer Inc. has agreed to buy Pharmacia Corp. for US$60 billion.

The deal notes that all rights of Pharmacia's blockbuster anti-arthritic agent Celebrex will be assigned to Pfizer.

Market analysts say the Pfizer-Phar...

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