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Pfizer is releasing a new migraine drug.
  • The Food and Drug Administration on Friday approved a new nasal spray to treat migraines.
  • The spray will be available in July and is designed to treat migraines in 15 minutes. 
  • Pfizer acquired the drug when it bought out Biohaven Pharmaceuticals last year for $11.6 billion.

The Food and Drug Administration on Friday approved Zavzpret, a new nasal spray designed to treat migraines in just 15 minutes. 

The drug, which Pfizer acquired when it bought out Biohaven Pharmaceuticals last year for $11.6 billion, will provide an alternative to oral migraine medication, NBC News reported