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    Home»Business»Pfizer Agrees to $5.4 Billion Deal for Global Blood Therapeutics
    Business

    Pfizer Agrees to $5.4 Billion Deal for Global Blood Therapeutics

    By AdminAugust 8, 2022
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    Pfizer Agrees to .4 Billion Deal for Global Blood Therapeutics



    Updated Aug. 8, 2022 12:58 pm ET

    Pfizer Inc. has agreed to buy Global Blood Therapeutics Inc. for $5.4 billion, in a deal that would give the big drugmaker a foothold in the treatment of sickle-cell disease.

    Pfizer said Monday it would pay $68.50 a share in cash for Global Blood Therapeutics, which has one of the few approved treatments for sickle-cell disease. The Wall Street Journal reported Friday that the companies were in advanced talks.



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