Free Trial

HEALTHCARE: Pfizer (PFE: A2/A): Activist Stake

HEALTHCARE
  • Developing story: Activist investor Starboard Value has taken a $1bn stake in Pfizer
  • Pfizer has lost around half of its market value since COVID peak
  • Dr Albert Bourla has been CEO since Jan '19
  • Recent acquisitions $43bn Seagen, $6.7bn Arena, $11.6bn Biohaven, $5.4bn Global Blood Therapeutics are failing to deliver
47 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • Developing story: Activist investor Starboard Value has taken a $1bn stake in Pfizer
  • Pfizer has lost around half of its market value since COVID peak
  • Dr Albert Bourla has been CEO since Jan '19
  • Recent acquisitions $43bn Seagen, $6.7bn Arena, $11.6bn Biohaven, $5.4bn Global Blood Therapeutics are failing to deliver