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Here's the Biotech Pfizer Should Consider Acquiring Next

TheMotleyFool

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Here's the Biotech Pfizer Should Consider Acquiring NextPhoto, wide shot, wide-angle lens, Mental health care service, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/7ce3b930-5e2a-4215-b686-0ad0eb0b922a.png

Kudos to Pfizer (NYSE: PFE) for its decision to acquire Trillium Therapeutics (NASDAQ: TRIL). The small biotech's cancer pipeline is a great fit for Pfizer. Trillium's candidates could begin contributing to Pfizer's growth in the second half of the decade, just when the big drugmaker will need a boost due to patent expirations for several of its top drugs.

The price tag of the transaction is close to $2.3 billion. That leaves Pfizer with a huge amount of cash that it could use in making more deals. There's one biotech in particular that I think Pfizer should consider acquiring next.

Image source: Getty Images.

Source Fool.com

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