Monday, February 27, 2023

Seagen Inc. To Be Acquired By Pfizer for $30 Billion

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Pfizer Inc. is in early talks to acquire drugmaker Seagen Inc., the Wall Street Journal reported late on Sunday, citing people familiar with the matter.

Seagen has a market value of some $30 billion and would be expected to command a premium over that, the report said, adding that the deal talks are in preliminary stages.

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