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Pfizer completes $43 billion acquisition of Seagen

PUBLIC · PFEJan 04, 2026

Acquiring Company

Pfizer

Acquired Company

Seagen

New YorkBothellBiotechnologyHealth CareTherapeuticsPharmaceuticalBiopharmapharmaceuticalsBiotechnologyHealth CareTherapeutics

Description

Pfizer has successfully closed the acquisition of Seagen for $43 billion, effectively removing Seagen's stock from independent trading. This merger integrates Seagen into Pfizer's oncology portfolio, shifting the focus from standalone earnings to strategic synergies and integration milestones. Investors now observe the finalized valuation and implications of the deal for future oncology advancements.

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Company Information

Company

Pfizer

Location

66 Hudson Blvd E

New York, New York, United States

About

Seagen is a biotechnology company focused on developing innovative therapies for cancer treatment. The company specializes in antibody-drug conjugates and has a portfolio of targeted therapies. Seagen is recognized for its advancements in cancer care and plays a significant role in the oncology market. Its dedication to research and development underpins its success in the competitive biotech landscape.

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Frequently asked

Who acquired Seagen?

Seagen was acquired by Pfizer, based in New York. The deal was reported on January 4, 2026. Seagen is a biotechnology company focused on developing innovative therapies for cancer treatment. The company specializes in antibody-drug conjugates and has a portfolio of targeted therapies. Pfizer is publicly traded (PFE) and operates in Biotechnology.

When did Pfizer acquire Seagen?

Pfizer's acquisition of Seagen was reported on January 4, 2026. Pfizer has successfully closed the acquisition of Seagen for $43 billion, effectively removing Seagen's stock from independent trading. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Seagen do?

Seagen is a biotechnology company focused on developing innovative therapies for cancer treatment. The company specializes in antibody-drug conjugates and has a portfolio of targeted therapies. It is privately held, operating in Biotechnology, and is based in Bothell.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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