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Awaiting tax reform clarity, Pfizer delays potential M&A

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Pfizer(Reuters) – Pfizer‘s (NYSE:PFE) chief executive said on Tuesday he would prefer to wait for clarity on U.S. tax reform before engaging in any big deals in order to get a better understanding of any potential acquisition target’s value.

The largest U.S. drugmaker has been under increasing pressure from investors and Wall Street to pull off a large deal to help reignite growth.

Get the full story at our sister site, Drug Delivery Business News.

The post Awaiting tax reform clarity, Pfizer delays potential M&A appeared first on MassDevice.


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