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Pfizer Grows In Rare Disease With $810m Dwarfism Company Buy

 
• By Jo Shorthouse

Pfizer adds to its rare disease portfolio with purchase of Therachon, a Swiss company working in achondroplasia. But whether it can catch up with Biomarin’s Phase III vosoritide is still to be seen.

Black swan
Pfizer adds asset in rare diseases • Source: Shutterstock

Pfizer Inc. is to pay $810m to buy Swiss rare disease company Therachon AG, to obtain its asset TA-46 for achondroplasia, the most common form of short-limbed dwarfism.

The deal terms mean that Pfizer will pay $340m upfront, with an added $470m in additional payments dependent on TA-46 development and commercialization milestones being met

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