Time according to deal logic. It is also the biggest to involve a controversial tax strategy called an inversion. In this case the deal would move pfizer to ireland, allowing it to slash its federal Corporate Tax bill. The news today sent shares of both companies lower. Meg tirrell reports on the biggest takeover in the health care industry. The pfizer allergan deal combines the makers of the popular drugs lipitor, lyrica, and viagra with the maker of botox. The new company is expected to have more than 70 billion in annual sales in 2017 and more than 100 programs in the mid to late stages of development. Im excited about it. It takes our two businesses, our established business and our innovative pharmaceutical. It gives it greater growth. It gives it broader portfolio. Its a really strategic deal from that point of view. The deal will also see the Worlds Largest drug maker moving out of the United States as pfizer inc. Becomes pfizer plc. Incorporating in allergans home base of irela
Time according to deal logic. It is also the biggest to involve a controversial tax strategy called an inversion. In this case the deal would move pfizer to ireland, allowing it to slash its federal Corporate Tax bill. The news today sent shares of both companies lower. Meg tirrell reports on the biggest takeover in the health care industry. The pfizer allergan deal combines the makers of the popular drugs lipitor, lyrica, and viagra with the maker of botox. The new company is expected to have more than 70 billion in annual sales in 2017 and more than 100 programs in the mid to late stages of development. Im excited about it. It takes our two businesses, our established business and our innovative pharmaceutical. It gives it greater growth. It gives it broader portfolio. Its a really strategic deal from that point of view. The deal will also see the Worlds Largest drug maker moving out of the United States as pfizer inc. Becomes pfizer plc. Incorporating in allergans home base of irela
Time according to deal logic. It is also the biggest to involve a controversial tax strategy called an inversion. In this case the deal would move pfizer to ireland, allowing it to slash its federal Corporate Tax bill. The news today sent shares of both companies lower. Meg tirrell reports on the biggest takeover in the health care industry. The pfizer allergan deal combines the makers of the popular drugs lipitor, lyrica, and viagra with the maker of botox. The new company is expected to have more than 70 billion in annual sales in 2017 and more than 100 programs in the mid to late stages of development. Im excited about it. It takes our two businesses, our established business and our innovative pharmaceutical. It gives it greater growth. It gives it broader portfolio. Its a really strategic deal from that point of view. The deal will also see the Worlds Largest drug maker moving out of the United States as pfizer inc. Becomes pfizer plc. Incorporating in allergans home base of irela
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