Pfizer to shell out $11.6B for migraine drugmaker Biohaven

Pfizer (NYSE:PFE) today announced that it has entered into an agreement to acquire Biohaven Pharmaceutical Holding Company Ltd. (NYSE:BHVN), which is best known for Nurtec ODT (rimegepant), a dual-acting migraine therapy.

Pfizer will pay $148.50 per share in cash to acquire Biohaven, totaling approximately $11.6 billion.

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