Friday, December 2, 2011

Onyx Pharma May See Suitors Lining Up

Replacing the revenue drop from losing market exclusivity on the mega
blockbuster Lipitor isn't going to be done in one fell swoop. But Pfizer
(NYSE: PFE ) may try to soften the blow by expanding its cancer franchise
through acquisition. The New York-based pharmaceutical giant is rumored to have
its eyes on Onyx Pharmaceuticals (NASDAQ: ONXX ).

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