Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Pfizer Ltd. Capital/Financing Update 2025

Feb 21, 2025

60507_rns_2025-02-21_f088e873-7228-4de6-be12-0e289f5ee5d1.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

==> picture [100 x 42] intentionally omitted <==

Pfizer Limited

The Capital, 1802/1901, Plot No. C - 70, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400 051. Tel : +91 22 6693 2000 Fax : +91 22 2654 0274

February 21, 2025

The Corporate Relationship Dept. The Manager, Listing Dept. BSE Limited The National Stock Exchange of India Ltd. 1[st] Floor, P.J.Towers Exchange Plaza, 5[th] Floor, Plot No. C/1, Dalal Street, Fort G Block Bandra-Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 500680 Scrip Symbol: PFIZER

Dear Sirs,

Sub: Marketing and Supply Agreement with Mylan Pharmaceuticals Private Limited

Ref: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”).

Pursuant to the Regulation 30 of the Listing Regulations, we hereby inform that, the Board of Directors of the Company at their Meeting held today, that commenced on February 20, 2025 at 11.00 a.m. and concluded on February 21, 2025 at 1.45 p.m have approved a proposal today, to enter into a Marketing and Supply Agreement with Mylan Pharmaceuticals Private Limited (“Mylan”) for Marketing and Sale of two brands of the Company, viz., Ativan and Pacitane.

The additional details required to be disclosed, pursuant to the Listing Regulations read with the SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are enclosed herewith as Annexure A.

We request you to kindly take the same on record.

Thanking you,

Your truly, For Pfizer Limited PRAJEET Digitally signed by PRAJEET NAIR NAIR Date: 2025.02.21 13:59:03 +05'30' Prajeet Nair

Director – Corporate Services & Company Secretary

Encl: a/a

CIN: L24231MH1950PLC008311 Email ID: [email protected] Website: www.pfizerltd.co.in

ANNEXURE – A

Additional information pursuant to SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024

Sr.
No.
Particulars Details
1. Name of the entity Mylan Pharmaceuticals Private Limited
2. Area of agreement Marketing and Sale of two brands of the Company
Ativan and Pacitane.
3. Domestic/international Domestic
4. Share exchange ratio / JV ratio Not applicable
5. Scope of business operation Marketing and Sale of two brands of the
Company, Ativan and Pacitane.
6. Details of consideration paid /
received in agreement
Commercial terms as may be agreed between the
parties.
7. Significant terms and conditions of
agreement
Marketing and supply agreement for a period of
5 (five) years within the territory of India.
8. Whether the acquisition would fall
within related party transactions and
whether the promoter/ promoter
group/ group companies have any
interest in the entity being acquired.
If yes, nature of interest and details
thereof and whether the same is
done at arm’s length.
Not Applicable
9. Size of the entity Not Applicable
10 . Rationale and benefit expected Mylan has a good presence in Central Nervous
System therapy area with skilled resources for
engagement with super specialists namely
Neurologist and Psychiatrist.
This arrangement with Mylan will enhance
distribution and in clinic presence of the products
of the Company.