Nothing but negotiation

 
The Gap Partnership

Pfizer completes acquisition of Excaliard Pharmaceuticals

Pfizer has completed the acquisition of Excaliard Pharmaceuticals.

23 November 2011

Drug manufacturing giant Pfizer has agreed a deal that will see it take over Excaliard Pharmaceuticals.

Sales negotiations are expected to be completed by year's end and it forms part of the development strategy of Pfizer.

Mikael Dolsten, president of worldwide research and development at the firm, said it is part of a process that will see the organisation "actively complement our robust internal project pipeline with innovative and differentiated drugs from biotech partners".

Senior vice-president of biotherapeutics Jose-Carlos Gutierrez-Ramos continued by saying the focus Excaliard has on new treatments is one of the main reasons that Pfizer was attracted to it.

The terms of the agreement have not been made public but there will be some form of upfront payment to Excaliard.

It comes after Pfizer announced it has taken a ten-year lease for its Cardiovascular, Metabolic and Endocrine Diseases section as part of a link-up with the Massachusetts Institute of Technology.

Posted by Ken Hayes

Source: Pfizer press release, November 22nd

Gap News

March 2014

The Negotiation Roadshow 2014

Generating value through creative negotiation

Read more


July 2013

Trading Global: Negotiating in the Far East

The Gap Partnership are hosting a complimentary Lunch & Learn seminar in association with UK Trade & Investment

Read more


April 2013

GroceryAid Negotiation Event Raises £26,550

The Gap Partnership, in conjunction with Asda, SC Johnson and Waitrose, host one-day negotiation workshop

Read more


February 2013

Trading Global - Negotiating in the Far East

What is the impact of cultural differences on your negotiations?

Read more


December 2012

The Gap Partnership Release New Negotiation Video

The Nothing but Negotiation video series continues with collaborative negotiation

Read more