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Pfizer Inc. reaches closer to buy biotech Medivation Inc.

Pfizer is planning to buy biotech Medivation Inc, which is best known for its prostate-cancer drug. Once the Pfizer would acquire the Medivatio, it would become a leader at providing treatment for prostate-cancer. The company already has a breast-cancer treatment to its share, a new add-on treatment could mean boost in the company’s market for...

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