Pfizer's Hospital Business Acquires Arixa Pharmaceuticals
October 22, 2020
Pfizer’s Hospital Business acquired Arixa Pharmaceuticals to advance development of Arixa’s lead oral prodrug ARX-1796, a potential oral beta-lactamase inhibitor + antibiotic combination. Financial terms were not disclosed; Arixa was a virtual, asset-light company based in Palo Alto and was advised by Four Oaks Partners on the transaction.
- Buyers
- Pfizer (Hospital Business)
- Targets
- Arixa Pharmaceuticals, Inc.
- Industry
- Pharmaceuticals
- Location
- California, United States
- Transaction Type
- Buyout
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