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Drug Names(s): EKB-569
Description: EKB-569 is a novel irreversible inhibitor of epidermal growth factor receptor (EGFR) tyrosine kinases.
Deal Structure: EKB-569 was originally developed by Wyeth.
In January 2009, Pfizer and Wyeth announced that they entered into a definitive merger agreement under which Pfizer will acquire Wyeth in a cash-and-stock transaction currently valued at $50.19 per share, or a total of approximately $68 billion. The acquisition was completed in October 2009.
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