Aug. 28 at 12:55 AM
$BHVN $PFE hmmm!!
biohaven pfe
Pfizer Inc. completed its acquisition of Biohaven Pharmaceutical Holding Company Ltd. on October 3, 2022, for approximately
$11.6 billion in cash. [1, 2]
Deal Terms
Cash Payment: Biohaven shareholders received
$148.50 per share in cash.
New Biohaven Spin-off: Shareholders also received 0.5 of a share in a new separate company ("New Biohaven") that kept the non-CGRP pipeline compounds.
Total Value: The cash portion of the transaction was valued at
$11.6 billion. [1, 2]
Key Products & Assets
NURTEC® ODT (rimegepant): An innovative pill approved to treat and prevent migraines in adults.
VYDURA®: The European Union trade name for rimegepant.
CGRP Portfolio: A collection of calcitonin gene-related peptide receptor antagonists designed for neurological diseases. [1]