Pharmaceutical giant Pfizer to buy biotech firm Seagen


Summary

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Ad sodales ex vehicula

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Full story

Pfizer has agreed to buy biotech firm Seagen for $43 billion. Pfizer CEO Albert Bourla said Pfizer is “deploying financial resources to advance the fight against cancer.”

Seagen is a leading researcher and developer in cancer treatments. It produces several cancer drugs that are able to target tumors with a toxic agent. 

Seagen currently has nine studies underway exploring different immunotherapies to fight cancer. Pfizer will acquire and expand those studies and immunotherapies if the deal obtains shareholder and federal approvals.

Pfizer expects the acquisition to be complete by the end of this year if all goes according to plan. Seagen, a growing company, is expected to increase its revenue in 2023 by 12% at $2.2 billion. Pfizer will go into debt and dip into cash to finance the $43 billion transaction, but it projects a $10 billion profit by 2030.

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Why this story matters

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Magna parturient

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Nisi neque netus adipiscing

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Community reaction

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Debunking

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Solution spotlight

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Global impact

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Bias comparison

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  • The Center tellus pulvinar velit rhoncus sed varius urna laoreet lobortis ac finibus scelerisque, fringilla a magnis venenatis amet praesent imperdiet interdum sit.
  • Not enough coverage from media outlets on the right to provide a bias comparison.

Media landscape

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113 total sources

Key points from the Left

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  • Proin at sagittis metus ipsum vitae ullamcorper consequat porta habitant a ad massa nulla class, ante erat turpis sed natoque tincidunt egestas molestie sit vestibulum augue tortor porttitor.

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Key points from the Center

  • Fusce platea magnis gravida vitae accumsan nec quis venenatis nam euismod lacinia erat vehicula, egestas at tempus per semper pellentesque scelerisque primis aptent massa dictum.
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  • Laoreet ut non elementum nisl justo donec facilisis pulvinar nascetur eros ante, egestas vel nostra curae quisque imperdiet proin primis eget.

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Key points from the Right

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Timeline

  • Bob Dylan auction items, including draft lyrics to “Mr. Tambourine Man,” which sold for $508k, generated $1.5 million in sales at Julien’s.
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    Bob Dylan’s words remain as valuable as ever. Draft lyrics to his iconic song “Mr. Tambourine Man” recently sold for $508,000 at auction. Sixty of Dylan’s personal items were sold on Saturday, Jan. 18, through Julien’s Auctions. These included handwritten postcards, a property transfer tax return, clothing, photos, drawings and music sheets. Altogether, the auction […]

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    Within the first few hours of his second term on Monday, Jan. 20, President Donald Trump followed through on his promise to delay the enforcement of the TikTok ban. Trump signed an executive order directing the Department of Justice not to enforce the ban for at least 75 days. The law, passed during the Biden administration with strong […]

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Summary

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Ultricies a montes consequat

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Full story

Pfizer has agreed to buy biotech firm Seagen for $43 billion. Pfizer CEO Albert Bourla said Pfizer is “deploying financial resources to advance the fight against cancer.”

Seagen is a leading researcher and developer in cancer treatments. It produces several cancer drugs that are able to target tumors with a toxic agent. 

Seagen currently has nine studies underway exploring different immunotherapies to fight cancer. Pfizer will acquire and expand those studies and immunotherapies if the deal obtains shareholder and federal approvals.

Pfizer expects the acquisition to be complete by the end of this year if all goes according to plan. Seagen, a growing company, is expected to increase its revenue in 2023 by 12% at $2.2 billion. Pfizer will go into debt and dip into cash to finance the $43 billion transaction, but it projects a $10 billion profit by 2030.

Tags: , ,

Why this story matters

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Pulvinar lorem

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Ornare montes

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Mattis facilisi nec dapibus

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Velit ante conubia

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Get the big picture

Synthesized coverage insights across 184 media outlets

Community reaction

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Common ground

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Do the math

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Policy impact

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Bias comparison

  • The Left laoreet condimentum porta aliquam nec fusce vel taciti imperdiet lacinia ultrices cursus convallis litora, class torquent dictumst efficitur massa sem diam fermentum habitant commodo ullamcorper cras.
  • The Center nunc nec ipsum commodo purus etiam penatibus suscipit placerat faucibus convallis blandit, iaculis gravida pharetra vel lacinia vitae aenean tempus mattis.
  • The Right per curae nec venenatis vel ridiculus tristique taciti tempus gravida lacinia, euismod himenaeos litora penatibus accumsan lorem mauris cursus.

Media landscape

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113 total sources

Key points from the Left

  • Quis euismod leo phasellus elit nibh natoque mi dignissim, ridiculus ex porta at et sed.
  • Eget pellentesque nostra quam sociosqu vulputate donec dapibus ridiculus habitasse eleifend libero aliquam netus eu, id porttitor lectus suscipit fermentum diam penatibus volutpat consequat sagittis curabitur maecenas hendrerit.

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Key points from the Center

  • Turpis viverra egestas maximus vulputate dictumst elit parturient urna est elementum justo porttitor metus, penatibus pellentesque condimentum convallis per ut aliquet risus proin aliquam tincidunt.
  • Venenatis euismod vestibulum massa sed tempus diam ad netus vel, dapibus dignissim eget orci nostra felis adipiscing dictumst.
  • Imperdiet sit venenatis mauris nullam fames litora fusce ac etiam molestie id, penatibus leo nisi semper ipsum ultricies eget risus ligula.

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Key points from the Right

  • Felis vulputate aliquet amet bibendum commodo libero nulla scelerisque, donec dictum placerat eros tempor aenean mollis ut, hendrerit inceptos potenti dignissim netus primis dolor.

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Timeline

  • Bob Dylan auction items, including draft lyrics to “Mr. Tambourine Man,” which sold for $508k, generated $1.5 million in sales at Julien’s.
    Lifestyle
    Jan 20

    Bob Dylan’s ‘Mr. Tambourine Man’ draft lyrics auctioned for $508,000

    Bob Dylan’s words remain as valuable as ever. Draft lyrics to his iconic song “Mr. Tambourine Man” recently sold for $508,000 at auction. Sixty of Dylan’s personal items were sold on Saturday, Jan. 18, through Julien’s Auctions. These included handwritten postcards, a property transfer tax return, clothing, photos, drawings and music sheets. Altogether, the auction […]

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    Politics
    Tuesday

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