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International Business Times
International Business Times
Business
AFP News

Pfizer Expects To Complete Purchase Of Seagen On Thursday

Pfizer Seagen Cancer Albert Bourla United States
Pfizer CEO Albert Bourla said the purchase of Seagen would help the battle against cancer (Credit: AFP)

Pfizer announced Tuesday that it expects to complete this week its $43 billion acquisition of cancer-focused biotech company Seagen after clearing key regulatory hurdles.

"Pfizer and Seagen have now received all required regulatory approvals," Pfizer said in a news release that reported a key US antitrust waiting period had expired. "Pfizer expects to close the acquisition of Seagen on December 14."

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