Pharma BD Deal Intelligence

Pfizer Inc. / Seagen Inc.

2023 · Acquisition/Merger · $43.0B · Complete

CALLED IT — OFF BY 11
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Top 5 largest deals of the 2020s

Ranks computed across 828 graded deals (Critic + Outcome Score both present).

The coverage arc

Mar 13, 2023 BioPharma Dive Bullish

Pfizer's $43 billion takeover of Seagen would reshape the oncology pipeline of one of the world's largest drugmakers, bringing in four marketed cancer drugs…

Mar 13, 2023 Reuters Neutral

Pfizer Inc said on Monday it would buy U.S. biotech Seagen for $43 billion to boost its cancer portfolio and offset a steep fall in COVID-19 related sales and…

Jan 31, 2024 BioProcess International Bullish

Post-close (Q4 2023 earnings): CEO Albert Bourla calls Seagen a 'big bet in this technology,' reaffirms ~$3.1B anticipated Seagen revenue in 2024 guidance and…

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Pfizer acquired Seagen for approximately $43 billion ($229 per share in cash), gaining Seagen's world-leading antibody-drug conjugate (ADC) technology platform, four marketed oncology medicines (Adcetris, Padcev, Tivdak, Tukysa), and eleven pipeline candidates. The deal doubled Pfizer's oncology pipeline and positioned the company to generate over $10 billion in risk-adjusted oncology revenues by 2030.

Key facts

Related deals — scored

DealYearValueOutcome
Pfizer Inc. / Seagen Inc. (this deal)2023$43.0B77
Pfizer Inc. / BioNTech SE2020$748M100
Pfizer Inc. / FoldRx Pharmaceuticals201099
Pfizer Inc. / Medivation Inc.2016$14.0B86
Pfizer Inc. / Wyeth2009$68.0B86
Pfizer Inc. / Warner-Lambert Company2000$90.0B83
Pfizer Inc. / Arvinas, Inc.2021$2.4B77

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