Pfizer Completes Acquisition of Baxter's Marketed Vaccines
Pfizer, Inc, announced that it has completed the acquisition of Baxter International's portfolio of marketed vaccines.
NEW YORK--(BUSINESS WIRE)-- Pfizer, Inc, announced that it has completed the acquisition of Baxter International Inc.’s portfolio of marketed vaccines. The portfolio that was acquired consists of NeisVac-C and FSME-IMMUN/TicoVac. As previously announced, Pfizer also acquired a portion of Baxter’s facility in Orth, Austria, where these vaccines are manufactured.
“NeisVac-C and FSME-IMMUN/Ticovac are a strong fit with our vaccines business and this acquisition adds value, scale and depth to our existing portfolio of innovative vaccines,” said Susan Silbermann, president and general manager, Pfizer Vaccines. “These best-in-class products enable us to reach a broader population with vaccines that prevent infections from serious and often fatal diseases.”
About NeisVac-C and FSME-IMMUN/Ticovac
NeisVac-C is a vaccine that helps protect against meningitis caused by group C meningococci(MenC). This serious infection of the membrane covering the brain may be fatal in roughly 10-15 percent of patients
and 30 percent to more than 50 percent of survivors may suffer from severe physical, social and mental damage
. MenC is one of the most prevalent meningococcal serogroups in many parts of the world and vaccination with NeisVac-C has been shown to be highly effective.
FSME-IMMUN/TicoVac is a vaccine that helps protect against tick-borne encephalitis (TBE), an infection of the brain, which is transmitted by the bite of ticks infected with the TBE-virus. Every year, the TBE virus causes thousands of cases of neuroinvasive illness in humans across Europe and Asia and is a growing public health concern in Europe and other parts of the world
. FSME-IMMUN/TicoVac is approved in 30 countries and has been marketed for over 30 years with approximately 120 million doses produced since 1976.
About Pfizer Inc.
At Pfizer, we apply science and our global resources to bring therapies to people that extend and significantly improve their lives. We strive to set the standard for quality, safety and value in the discovery, development and manufacture of health care products. Our global portfolio includes medicines and vaccines as well as many of the world's best-known consumer health care products. Every day, Pfizer colleagues work across developed and emerging markets to advance wellness, prevention, treatments and cures that challenge the most feared diseases of our time. Consistent with our responsibility as one of the world's premier innovative biopharmaceutical companies, we collaborate with health care providers, governments and local communities to support and expand access to reliable, affordable health care around the world. For more than 150 years, Pfizer has worked to make a difference for all who rely on us. To learn more, please visit us at www.pfizer.com.