Pfizer acquires BioRexis in move to boost diabetes, protein drug pipeline

Share this article:
Pfizer said today it has acquired BioRexis Pharmaceutical Corporation, a privately-held biopharmaceutical firm working on several diabetes treatments and a novel technology platform for new protein drug candidates. Financial terms of the deal were not disclosed. The technology being used to develop the experimental treatments relies on protein engineering and may have the potential to improve drug tolerability, reduce dosing frequency and improve patient compliance, Pfizer said.
Share this article:
You must be a registered member of MMM to post a comment.

Email Newsletters

More in News

Five things for Pharma Marketers to know: Friday, August 29

Five things for Pharma Marketers to know: Friday, ...

Takeda closes out a good-news, bad-news kind of week, AstraZeneca adds a new clinical trial for its experimental PD-1, and researchers link a funeral to the Ebola outbreak.

Amgen sends PCSK9 to FDA

Amgen sends PCSK9 to FDA

Evolocumab holds the FDA's first filed biologics license application for the class.

Consultants expect M&A tempo to continue

Consultants expect M&A tempo to continue

PwC anticipates that divestitures will fuel late-2014 deals, but notes that the noise around early deals and the financials don't fully match up.