You are here: Home » Reuters » News
Business Standard

Pfizer Inc to split company into three units


(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 ...

This article is no longer available in our repository.

There could be multiple reasons for this.

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