Cash rich Pfizer (NYSE: PFE) has completed its $11.6 billion acquisition of Biohaven Pharmaceutical, including its money-making calcitonin gene-related peptide (CGRP) programs.
At the same time, Biohaven (NYSE: BHVN) management has rebooted the company, emphasizing its scientific expertise and history of drug discovery.
The new Biohaven, which will continue trading under the same ticker symbol on the New York Stock Exchange, will veer towards developing “life-changing treatments for neurological and neuropsychiatric diseases, including rare disorders.”
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