Investing.com – Pfizer (NYSE:PFE) to buy AstraZeneca ant-infective unit for $725 mn.
Pfizer said Wednesday the deal involves an upfront payment of $550 mn.
AstraZeneca will receive a deferred payment of $175 mn in January 2019.
Also to get up to $250 mn in milestone payments and $600 mn in sales-related payments.
Pfizer on Monday agreed to buy cancer-treatment firm Medivation for $14 bn.