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Home Industry News Pfizer completes AstraZeneca’s Small Molecule Anti-Infective business acquisition

Pfizer completes AstraZeneca’s Small Molecule Anti-Infective business acquisition

3rd January 2017

Pfizer has announced that it has completed the acquisition of the development and commercialization rights for a late-stage small molecule anti-infective business from AstraZeneca.
 
The deal includes the rights to a trademarked drug recently approved by the EU called Zavicefta, which is aimed at targeting multi-drug resistant Gram-negative infections and could be important in the ever-increasing fight against antibiotic resistance.
 
It also includes development and commercialization rights to Zinforo, which was launched in 2012 and is used to treat patients with complicated skin and soft tissue infections.
 
Group president of Pfizer Essential Health John Young said the deal enhances the company's capabilities in an increasingly important area of therapeutics.
 
"Additionally this acquisition is an example of how we are focusing our investments to drive sustainable revenue growth potential for our Essential Health business," he added.
 
Pfizer was established in 1849 and discovers, develops and provides over 120 different medicines, vaccines and consumer healthcare products globally every year.

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