Pfizer Inc. has completed its $16bn acquisition of Hospira Inc. and is now working out how to deal with their overlapping biosimilar portfolios. Pfizer is divesting one candidate, its biosimilar to Johnson & Johnson’s Remicade (infliximab), but could retain rights to commercialize it in the US.
The European Commission required Pfizer to divest the biosimilar within the European Economic Area as a condition for approving the Hospira acquisition
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