Pfizer commits to anti-infectives

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today announced that they have entered into a merger agreement whereby Pfizer will acquire Vicuron, a biopharmaceutical company focused on the development of novel anti-infectives for hospital-based and community-acquired infections.

Under the merger agreement, Pfizer will acquire all outstanding shares of Vicuron common stock at a price of $29.10 per share in cash, for an aggregate equity purchase price of approximately $1.9 billion.

Vicuron has two products currently under New Drug Application (NDA) review at the US Food and Drug Administration (FDA): anidulafungin for fungal infections and dalbavancin for Gram-positive (fatal) infections.

"By acquiring Vicuron, we can help bring two very important new medicines to patients around the world," said Hank McKinnell, chairman and chief executive officer of Pfizer.

Pfizer already has an existing collaboration with Vicuron that has made advances in the discovery of potential next-generation oxazolidinones, the first new class of antibiotics in more than 30 years.