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Pfizer completed the acquisition of ReViral from Novo and Andera Partners for $525m.

Synopsis

Pfizer, an American multinational pharmaceutical and biotechnology corporation, completed the acquisition of ReViral, a clinical-stage biopharmaceutical company, from Novo, a private limited liability company, and Andera Partners, a private equity firm, for $525m. "Currently, treatment options for RSV are extremely limited and focus primarily on supportive care. The proposed acquisition of ReViral’s pipeline of therapeutic candidates is complementary to our efforts to advance the first vaccine candidate to help protect against this harmful disease. Combining the capabilities and expertise of our organizations will enable us to further the clinical development of a potential therapy for those with RSV disease," Annaliesa Anderson, Pfizer Senior Vice President and Chief Scientific Officer.

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