Is Hospira owned by Pfizer?

Pfizer acquired Hospira in September 2015 in a deal worth about $17 billion. Hospira, headquartered in Lake Forest, Illinois, develops and markets injectable drugs and infusion technologies.

What happened to Hospira?

It was formerly the hospital products division of Abbott Laboratories. On September 3, 2015, Hospira was acquired by Pfizer, who subsequently sold off the medical devices portion of Hospira to ICU Medical.

Is Hospira part of Viatris?

Pfizer’s biosimilar products, those internally developed by Pfizer and those acquired in Pfizer’s $17-billion acquisition of Hospira in 2015 as well as the hospital products acquired from Hospira, are not part of Viatris.

Where is Hospira headquarters located?

Lake Forest, IL
Hospira/Headquarters

Is Hospira a generic?

After failing in its pursuit of AstraZeneca last year, Pfizer is using some of its hefty war chest to acquire Hospira, which specializes in generic injectable drugs and biosimilars.

Did ICU Medical buys Hospira?

The addition of Hospira’s I.V. pumps, solutions, and devices business to ICU Medical’s existing portfolio creates a leading pure-play infusion therapy company with focus and global scale. “We are pleased that Hospira Infusion Systems is now part of ICU Medical and welcome our new Hospira colleagues to the ICU team.

Why did Pfizer buy Hospira?

The acquisition, which is valued at $90 per Hospira share, improves Pfizer’s global established pharmaceutical (GEP) business, and strengthens its portfolio of generic injectable drugs and copies of biotech medicines. “We want to welcome our new Hospira colleagues to Pfizer.

When did Abbott spin Hospira?

Abbott Laboratories said Monday that on April 30 it will officially spin off its global hospital products business Hospira Inc.

Does Viatris make Viagra?

Products. The company produces and sells a variety of medicines, with 1,400 approved therapeutic molecules in its portfolio. It owns brands (like Viagra, Xanax, Lipitor), generics, including branded and complex generics, biosimilars, and over-the-counter (OTC) drugs and active pharmaceutical ingredients.

Is ICU Medical Hospira?

pumps, solutions, and devices that, when combined with the company’s existing businesses, makes ICU Medical one of the world’s leading pure-play infusion therapy companies. “We are pleased that Hospira Infusion Systems is now part of ICU Medical and welcome our new Hospira colleagues to the ICU team.

Who owns Hospira Inc?

Pfizer
Hospira/Parent organizations

Is ICU Medical owned by Pfizer?

Upon completion of the transaction, which the companies expect to occur in the first quarter of 2017 subject to customary closing conditions including required regulatory approvals, Pfizer will own approximately 16.6 percent of ICU Medical.