Pfizer jpg

Pfizer to become an “Irish” corporation

Pfizer, the maker of Viagra and Lipitor, has struck a deal to buy Botox maker and Irish-based Allergan in a transaction valued at about $160 billion. The complex deal, the biggest ever in the healthcare sector, will allow Pfizer to shift its legal base to Ireland in a so-called inversion that will reduce its corporate tax rate. Pfizer has had a significant manufacturing presence in Ireland for years. Pictured is the Pfizer facility in Dun Laoghaire, Co. Dublin. photo.

Sign up to The Irish Echo Newsletter

Sign up today to get daily, up-to-date news and views from Irish America.