Pfizer To Buy Serenex In A Cancer Drug Move

Armen Hareyan's picture
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In a move to bolster its cancer treatment drug supply Pfizer said that it has reached a deal with Serenex to buy the pharmaceutical drug company.

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Serenex is NC based drug company that owns the rights to a drug that treats cancer tumors and fights cancers of the blood, lymph nodes and bone marrow. The drug, SNX-5422, is currently in phase I trials, the earliest of the three stages of human testing. Pfizer also will acquire Serenex's drug discovery technology.

On February 27,

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