1. Pink Sheet

Pfizer/Seagen Merger Seems Set To Clear As US FTC Sticks To Traditional Review

 
• By Brenda Sandburg

Pink Sheet infographic breaks down the big pharma deals and required divestitures over the past four years. Seagen reports that Pfizer's acquisition of the company is expected to close late this year or in early 2024.

M&A magnifying glass
FTC review of pharma M&A deals is not leading to divestitures • Source: Shutterstock

The US Federal Trade Commission has signaled that it would look more closely at biopharma acquisitions and might consider other factors than product overlap in determining their potential anticompetitive impact. But despite the greater scrutiny, the agency has cleared the sector’s big transactions over the past three years without imposing any divestiture requirements.

Pfizer Inc.’s proposed $43bn acquisition of Seagen Inc. is being closely watched as it is the largest...

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