Medivation is engaged in development and commercialization of novel small molecule drugs to treat serious diseases.
Medivation Company Financials of financial indicators from Balance Sheet, Income Statement and Medivation Statement of Cash Flow The company acquires, develops, and sells (or partners with companies working on) biopharmaceuticals. Medivation aims to transform the treatment of these diseases and offer hope to critically ill patients and their caregivers. Medivation aims to transform the treatment of these diseases and offer hope to critically ill patients and their families. Pfizer Inc. (NYSE:PFE) and Medivation, Inc. (NASDAQ:MDVN) today announced that they have entered into a definitive merger agreement under which Pfizer will acquire Medivation, a biopharmaceutical company focused on developing and commercializing small molecules for oncology, for $81.50 a share in cash for a total enterprise value of approximately $14 billion.
This announcement is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell securities, nor is it a substitute for the tender offer materials that Pfizer and its acquisition subsidiary will file with the SEC. This transaction is another example of how we are effectively deploying our capital to generate attractive returns and create shareholder value.” The Boards of Directors of both companies have unanimously approved the merger, which is expected to beimmediately accretive to Pfizer’s Adjusted Diluted EPSupon closing, approximately $0.05 accretive in the first full year after close with additional accretion and growth anticipated thereafter. Real time Medivation (MDVN) stock price quote, stock graph, news & analysis.
United States Medivation, Inc. is a bio pharmaceutical company focused on the rapid development of novel small molecule drugs to treat serious diseases for which there are limited treatment options. Medivation, a San Francisco biopharmaceutical company, has been highly sought after in recent months.
New York, NY 10017 Medivation.com. Pfizer expects to complete the acquisition in the Third- or Fourth-Quarter 2016.Pfizer’s financial advisors for the transaction were Guggenheim Securities and Centerview Partners, with Ropes & Gray LLP acting as its legal advisor. The solicitation and offer to buy Medivation stock will only be made pursuant to an Offer to Purchase and related tender offer materials. 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