Strategic Initiative

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Pfizer To Acquire Small Molecule Anti-Infective Business From AstraZeneca

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AZN

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PFE

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Additional Information

Additional Relevant Details
Under the terms of the agreement, Pfizer will make an upfront payment of $550 million to AstraZeneca upon the close of the transaction and a deferred payment of $175 million in January 2019. In addition, AstraZeneca is eligible to receive up to $250 million in milestone payments, up to $600 million in sales-related payments, as well as tiered royalties on sales of Zavicefta and ATM-AVI in certain markets.
http://www.pfizer.co...
Slingshot Insights Explained
Strategic Initiative Date
Announcement Date:
Aug 24, 2016
Projected Implementation:
Q3, 2016
Relevance Tracked Until:
Q2, 2017
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Related Keywords Small Molecule Anti-infective Business