We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies. Cookie Policy.

HospiMedica

Download Mobile App
Recent News Medica 2024 AI Critical Care Surgical Techniques Patient Care Health IT Point of Care Business Focus

Pfizer to Acquire Vicuron for $1.9 Billion

By HospiMedica staff writers
Posted on 01 Jul 2005
Strengthening its line of anti-infectives, Pfizer, Inc. (New York, NY, USA) has agreed to acquire Vicuron Pharmaceuticals, Inc. (King of Prussia, PA, USA) for around U.S.$1.9 billion in cash.

Vicuron has developed two new products for hospital-based and community-acquired infections. Dalbavancin has shown positive results for Gram-positive infections such as complicated skin and soft-tissue infections and catheter-related bloodstream infections. Anidulafungin offers broad spectrum activity against aspergillus and most candidal fungal infections.

An existing collaboration between Pfizer and Vicuron has resulted in discoveries related to next-generation oxazolidinones, the first new class of antibiotics in more than 30 years. These orally active antibiotics are more potent and have a broader spectrum of activity than existing classes of compounds. Pfizer has a long history of bringing important antibiotics to market, including Zyvox, an oxazolidinone targeted at more serious Gram-positive infections.

"This transaction builds on Pfizer's extensive experience in anti-infectives and demonstrates our commitment to strengthen and broaden our pharmaceutical business through strategic product acquisitions,” noted Hank McKinnell, chairman and CEO of Pfizer.





Related Links:
Pfizer
Vicuron

Gold Member
SARS‑CoV‑2/Flu A/Flu B/RSV Sample-To-Answer Test
SARS‑CoV‑2/Flu A/Flu B/RSV Cartridge (CE-IVD)
New
Gold Member
X-Ray QA Meter
T3 AD Pro
New
LED Examination Lamp
Clarity 50 LED
New
Vertebral Body Replacement System
Hydrolift

Latest Business News

Boston Scientific Acquires Medical Device Company Intera Oncology

MEDICA 2024 to Highlight Hot Topics of MedTech Industry

Start-Ups To Once Again Play Starring Role at MEDICA 2024