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Full-Year 2024 guidance has cost realignment program involving undisclosed layoffs now expected to deliver annual cost savings of at least $4.0 billion.
December 14, 2023
By: Kristin Brooks
Managing Editor, Contract Pharma
Pfizer completed its approximately $43 billion acquisition of Seagen Inc., a global biotechnology that develops and commercializes cancer medicines leveraging ADC technology designed to preferentially kill cancer cells and limit off-target toxicities. With the addition of Seagen’s four in-line medicines, ADCETRIS (brentuximab vedotin), PADCEV (enfortumab vedotin), TIVDAK (tisotumab vedotin) and TUKYSA (tucatinib), Pfizer’s oncology portfolio now includes over 25 approved medicines and biosi...
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