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Home » Pfizer to shell out $11.6B for migraine drugmaker Biohaven

Pfizer to shell out $11.6B for migraine drugmaker Biohaven

May 10, 2022 By Brian Buntz

PfizerPfizer (NYSE:PFE) today announced that it has entered into an agreement to acquire Biohaven Pharmaceutical Holding Company Ltd. (NYSE:BHVN), which is best known for Nurtec ODT (rimegepant), a dual-acting migraine therapy.

Pfizer will pay $148.50 per share in cash to acquire Biohaven, totaling approximately $11.6 billion.

Get the full story from our sister site, Pharmaceutical Processing World.

Filed Under: Blog, Business/Financial News, Featured, Mergers & Acquisitions, Pharmaceutical Tagged With: Biohaven Pharmaceutical Holding Company, Nurtec ODT, Pfizer

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About Brian Buntz

The pharma and biotech editor of WTWH Media, Brian is a veteran journalist with more than 15 years of experience covering an array of life science topics, including clinical trials, drug discovery and development and medical devices. Before coming to WTWH, he served as content director focused on connected devices at Informa. In addition, Brian covered the medical device sector for 10 years at UBM. At Qmed, he overhauled the brand’s news coverage and helped to grow the site’s traffic volume dramatically. He had previously held managing editor roles on two of the company’s medical device technology publications. Connect with him on LinkedIn or email at [email protected].

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