Pfizer Announced its Acquisition of Arena Pharmaceuticals in a $6.7 Billion

Hey Tigers!

Do you notice Pfizer's new play?

Pfizer announced its acquisition of Arena Pharmaceuticals today in a $6.7 billion deal for the company’s research on inflammatory conditions affecting the stomach and intestine. Pfizer will pay Arena $100/share in cash.

Shares of Arena stock nearly doubled yesterday as the company pursues treatments for ulcerative colitis and Crohn’s disease, as well as other dermatological, gastrointestinal, and cardiac conditions — Arena’s etrasimod drug for ulcerative colitis/Crohn’s is currently in late-stage trials. The acquisition’s timing is no coincidence as Pfizer also investigates treatments for gastrointestinal conditions.

Pfizer is on a roll, lately. In addition to the obvious success of the company’s COVID-19 vaccine, Pfizer also acquired the immuno-oncology company Trillium Therapeuticslast month to scale its blood cancer research. The Arena acquisition will boost Pfizer’s proficiency in gastroenterology, dermatology, and cardiology.

If etrasimod’s late-stage data is promising, Wells Fargo analysts estimate the drug could rake in as much as $2.5 billion in sales.

Is this a successful acquisition?

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$Pfizer(PFE)$ $Arena Pharmaceuticals(ARNA)$

免责声明:上述内容仅代表发帖人个人观点,不构成本平台的任何投资建议。

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  • koolgal
    ·2021-12-15

    $Pfizer(PFE)$  Pfizer's acquisition of Arena Pharmaceuticals will increase Pfizer's drug arsenal in the field of gastroenterology, dermatology and cardiology.  It is definitely dividend accretive.  Pfizer's earnings has jumped 129% and sales rocketed to 134% to USD 24.09 Billion compared to last year. Pfizer's vaccine sales alone brought in USD12. 98 Billion in sales. Just simply amazing!  Pfizer's share price has been sizzling hot too.  Buy Pfizer Now as it is going to grow exponentially! Go Pfizer! 🚀🚀🚀🌙🌙🌙

    @MillionaireTiger  - Pfizer's acquisition of Arena

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    • koolgal回复风铃泡泡
      Thanks for your feedback.  Pfizer share price has been trending upwards.
      2021-12-15
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    • 风铃泡泡
      这就是合理价格的股票!兄弟你是哪个国家?
      2021-12-15
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    • koolgal回复rL
      Thanks
      2021-12-15
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  • koolgal
    ·2021-12-20
    When Pfizer acquired Arena, it enhanced its product offering to fight more diseases. Pfizer earnings have jumped 129%&sales 134%YTD.Its share price is sizzling hot!EU has just bought 200m vaccines too
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  • Joker_Smile
    ·2021-12-15
    after their vaccine with BioNTech, they realise such partnership indeed bring in a hike of their popularity & share price. Now they're going for this acquisition to booster themselves in this industry
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  • Avik
    ·2021-12-15
    $Pfizer(PFE)$ is on rise even when all the stock market on average has fallen; even when other biomedical stocks $Moderna, Inc.(MRNA)$ is also bearish
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    • Avik
      There i think this acquisition is successful.
      2021-12-15
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  • Michane
    ·2021-12-15
    Yes, it's successful. With the latest aquisition boosting their business portfolio in biotech..
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  • Venus_M
    ·2021-12-16
    since the Arena acquisition will boost Pfizer’s proficiency in gastroenterology, dermatology and cardiology, it surely is a successful acquisition [Happy]
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  • koolgal
    ·2021-12-15
    Pfizer's acquisition of Arena will boost its drug arsenal & dividend accretive.Its earnings have jumped 129% with sales up 134%!Pfizer's share price is also sizzling hot with exponential growth ahead!
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  • Avik
    ·2021-12-14
    I am holding $Pfizer(PFE)$ for now on.
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  • mark01bravz
    ·2021-12-16
    Pfizer is more of the value type of company which may perform better under inflationary times
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  • greenhorse绿马
    ·2021-12-19
    Yes, goof acquisition. It help their vision
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  • Metanoiaw
    ·2021-12-17
    Thanks for your sharinh
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  • 嘛嘛财商FQ
    ·2021-12-17
    [财迷] [财迷] [财迷]
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  • Eric1128
    ·2021-12-19
    👍
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  • 21900VAHP
    ·2021-12-19
    Nice PFE
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  • Nobi
    ·2021-12-17
    [Sly]
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  • 154a854c
    ·2021-12-17
    Oh Nice
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  • AliceSam
    ·2021-12-14
    Nice
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