
In June 2016, the company acquired Anacor Pharmaceuticals for $5.2 billion, increasing its portfolio in each inflammation and immunology medication areas. The identical month, the company acquired Bamboo Therapeutics for $645 million, increasing its gene therapy choices. In November 2016, Pfizer funded a $3,435,600 research with the CDC Foundation to analysis "screen-and-deal with" strategies for cryptococcal disease in Botswana. In July 2018, the Food and Drug Administration authorised enzalutamide, developed by Pfizer and Astellas Pharma for patients with castration-resistant prostate most cancers. The company said about 300 researchers would lose their jobs. In September 2016, the company acquired most cancers drug-maker Medivation for $14 billion. In August 2016, the company made a $forty million bid for the property of BIND Therapeutics, which was in bankruptcy. In January 2018, Pfizer introduced that it would end its work on research into remedies for Alzheimer's disease and Parkinsonism (a symptom of Parkinson's illness and other circumstances). In December 2016, Pfizer acquired AstraZeneca's small-molecule antibiotics business for $1.575 billion. In October 2016, the corporate licensed the anti-CTLA4 monoclonal antibody, ONC-392, from OncoImmune.

In September 2020, the company acquired a 9.9% stake in CStone Pharmaceuticals for $200 million (HK$1.Fifty five billion), serving to to commercialise its anti-PD-L1 monoclonal antibody, CS1001. In November 2020, using a Reverse Morris Trust construction, Pfizer merged its off-patent branded and generic drug enterprise, generally known as Upjohn, with Mylan to form Viatris, owned 57% by Pfizer shareholders. In April 2021, Pfizer acquired Amplyx Pharmaceuticals and its anti-fungal compound fosmanogepix (APX001). In March 2022, the company acquired Arena Pharmaceuticals for $6.7 billion in cash. In June 2022, the company acquired ReViral Ltd, for as much as $525 million, gaining entry to experimental medicine used to fight respiratory syncytial virus infections. In October 2022, the corporate acquired Biohaven Pharma and its calcitonin gene-associated peptide packages for $11.6 billion. It additionally acquired Global Blood Therapeutics for $5.4 billion, boosting Pfizer's uncommon illness enterprise. In October 2020, the corporate acquired Arixa Pharmaceuticals. On January 5, 2021, Pfizer launched a brand new emblem. In August, the company announced it might purchase Trillium Therapeutics Inc and its immuno-oncology portfolio for $2.3 billion.
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