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Stock impact report

Mylan-Upjohn Merger, And Other News: The Good, Bad And Ugly Of Biopharma [Seeking Alpha]

Pfizer, Inc. (PFE) 
Last pfizer, inc. earnings: 4/28 06:45 am Check Earnings Report
Company Research Source: Seeking Alpha
SummaryMylan gets EU nod for its merger with Upjohn.JNJ does a deal with Emergent for COVID-19.Edwards Lifesciences beats expectations.Mylan Gets European Union Nod for Upjohn MergerMylan NV (MYLPFEThe European Commission stressed that its approval is conditional upon divestment of Mylan’s business for some generic drugs. Executive vice president Margrethe Vestager said, “Ensuring that patients and hospitals have access to medicines at fair and competitive prices, as well as ensuring security of supply, is always a key priority which resonates even more strongly in the current challenging context.” The EC clarified that it mainly intends to ensure that the merger does not lead to stifling of the competition.Mylan is amongst the top generic suppliers in the EEA region. Consequent to the culmination of the transaction, Pfizer shareholders willownMylan entered the deal to boost its global footprints. However, the deal is required to be ratified by different territories individually. Curr Show less Read more
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