Pfizer recently announced an acquisition agreement with Hospira to acquire Hospira for $17 billion, which is the biggest acquisition after Pfizer failed to acquire AstraZeneca. The acquisition is an important step for Pfizer to strengthen its biosimilar pipeline.
Hospira shareholders will receive $90 in cash per share, representing a 39% premium on Wednesday's close. After the transaction is over, it will bring Pfizer a share of 10-12 cents per share.
After Pfizer acquires Hospira, it will strengthen its biosimilar pipeline, which will help Pfizer to gain a better position when it acquires patents for such drugs. In the past, Pfizer lost a lot of revenue due to the loss of many patent protection rights.
Pfizer's biosimilars division will strengthen Pfizer's financial benefits. It is estimated that the price of generic drugs will be about 20-30% lower than the price of original drugs.
The acquisition will be completed in both cash and debt. According to Pfizer, the acquisition will save Pfizer approximately $800 million in annual savings by 2018, and the acquisition is expected to end in the second half of 2015.
Pfizer's share price on pre-market trading on Thursday rose about 3.21%. Hospira's share price rose by about 35.34% to reach $87.7 per share.
The closed suction tube has designed for proven effective in preventing infections, reducing cross-contamination, reducing intensive care unit days and patient costs.
Type: Adult 72 hours closed suction tube, adult 24 hours closed suction tube, children closed suction tube
Features&Benefit
1. Allow for suctioning a patient on a ventilator without loss of PEEP or mean airway pressure.
2. Reduce oxygen desaturation by allowing constant patient ventilation.
3. Reduce the potential of infection to the clinician
4. Maintains a sealed airway to reduce exposure to secretions.
5. Eliminates patient"Spray Black"
6. Provide maximum suction and is designed to reduce trauma.
7. Enhance patients safety avoids disconnection from the ventilator during catheter change-out or untangling of lines.
8. Decrease accidental extubation ordecannulation during moving of the patient
9. Color coded rings provide fast size recognition.
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