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Seng Cheng

Pfizer completes acquisition of Therachon

Pfizer completes acquisition of Therachon

NEW YORK — Pfizer announced the successful completion of its acquisition of the privately held clinical-stage biotechnology company Therachon Holding AG. Under the terms of the transaction, Pfizer acquired Therachon for $340 million with an additional $470 million in additional payments contingent on the achievement of key milestones in the development and commercialization of TA-46.

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