Pfizer Strikes Pact with Merck After Abandoning AstraZeneca

Viagra maker Pfizer Inc. on Monday, paraded a replacement partner in immuno-oncology in the form of Germany's Merck KGaA after abandoning its £69.4 billion ($108.5 billion), one-sided courtship of AstraZeneca plc in the spring. Pfizer said it will pay $850 million for the rights to an experimental Merck treatment for cancer, dubbed MSB0010718C, that taps the body's anitbodies to help fight ...

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