Name: Pfizer (PFE) Is Buying Seagen (SGEN) For $43B
Uploaded: 2023-03-14T23:17:28.379
Duration: 6 min 29 s

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Pfizer (PFE) agreed to buy Seagen (SGEN) for $43B. Stewart Glickman discusses this as CFRA has a buy rating on PFE. The CFRA analyst notes that they expect the deal to close by early 2024, dependent on both shareholder and regulatory approval. They think that the market is pricing in some concern over antitrust hurdles. He then goes over other health care stocks to watch. Tune in to find out more about the stock market today.

Pfizer (PFE) Is Buying Seagen (SGEN) For $43B

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