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Pfizer Inc to split company into three units

Reuters 

(Reuters) - U.S. drugmaker Pfizer Inc said on Wednesday it would split its business into three units and one of them would include a new hospital business segment.The three new units are innovative medicines, established medicines and consumer healthcare. The company said the innovative medicines business and consumer healhcare would together comprise about three-quarter of its revenue based on 2017 results. "This new structure represents a natural evolution of these businesses, given the ongoing strength of our in-market products and our late-stage pipeline and the expected significant ...

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First Published: Wed, July 11 2018. 17:14 IST
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