Pfizer to Acquire Australian Digital Health Company for $180 Million

Pfizer to Acquire Australian Digital Health Company for $180 Million
The Pfizer Inc. logo is seen at its headquarters in New York, on Dec. 9, 2020. Angela Weiss/AFP via Getty Images
Alfred Bui
Updated:

The majority of shareholders of a small digital health company in Brisbane have approved the $180 million (US$121 million) takeover bid from global pharmaceutical giant Pfizer.

During a virtual scheme meeting on Sept. 7, nearly 83 percent of ResApp’s shares were voted in favour of the takeover, which exceeded the 75 percent supermajority required.

Alfred Bui
Alfred Bui
Author
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].
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