Pfizer buying Anacor Pharmaceuticals in $5.2B deal
Anacor, based in Palo Alto, California, also holds the rights to a topical treatment for toenail fungus called Kerydin.
Albert Bourla, group president of Pfizer's global innovative pharma and global vaccines, oncology and consumer healthcare businesses said in a written statement that the buyout is attractive because it provides an opportunity to address a significant unmet medical need for a large patient population with eczema.