Both PFE and BHVN shareholders will receive 0.5 shares of a newly formed (as yet unnamed) company that will own BHVN’s non-migraine pipeline assets.
Note: PFE already owned the ex-US commercial rights to BHVN's Nurtec-ODT/Vydura by virtue of a deal announced in Nov 2021 (#msg-166695371). Vydura (the EU brand name) was approved for marketing in the EU two weeks ago (#msg-168679769).
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