Pfizer buys two Baxter vaccines

Share this article:

Pfizer is spending $635 million to broaden its vaccines portfolio. Reuters reports that the company is purchasing two vaccines from Baxter. Both vaccines are sold outside of the United States. One vaccine is for meningitis, the other for encephalitis. The two earned around $300 million combined last year.

The purchase is part of Baxter's decision to split into Baxter BioScience, which is focused on blood disorders, and Baxter, which will sell products including IV solutions and equipment.

Share this article:
You must be a registered member of MMM to post a comment.

Next Article in Business Briefs

Email Newsletters


Patient access to pharmaceuticals is a tale of two worlds—affordability has improved for the majority, while the minority is hampered by cost, distribution and red tape. To provide marketers with a well-rounded perspective, MM&M presents this e-book chock full of key insights. Click here to access it.

More in Business Briefs

Novartis said to be stepping out of HCV

Novartis is said to have relinquished rights to an investigational hep. C treatment, signaling its exit from the therapeutic space, according to a former partner's announcement.

Monday Moves: September 15

Hires and promotions for manufacturers, regulatory and agencies

Kantar acquires Evidências, expands Brazilian presence

The company's acquisition signals the growing importance of understanding the Brazilian healthcare market and evidence-based healthcare management services.