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Pfizer to Buy Baxter’s Vaccines Business

Baxter will sell its commercial vaccines businesses to Pfizer, Inc for $635 million.

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Baxter International Inc. (NYSE:BAX) has agreed to sell its two commercially marketed vaccines and related production facilities to Pfizer Inc. for $635 million, subject to certain adjustments. The sale includes the company’s commercial vaccines business, made up of NeisVac-C, a vaccine which helps protect against meningitis caused by group C meningococcal meningitis (MenC), and FSME-IMMUN, which helps protect against tick-borne encephalitis (TBE), an infection of the brain transmitted b...

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