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12/07/2018
17:17
Pfizer decided to split business

Pfizer Pharmaceutical Company (USA) is going to restructure its business, Vedomosti informed.

It is assumed to be split in three units.
The first unit is expected to include production of innovative medicines; the second - medical supplies; the third - main drugs including Viagra and Lipitor. The first two units are assumed to account for 75% of the aggregated revenues.

Besides, by 2018 end the Pfizer management board should affirm a strategy for the development of the over-the-counter medicines division. Probably, it can be sold.

July 11 the stocks of Pfizer moved down 0.4%; capitalization increased 3% up to $219bn from year start.

Pfizer Inc. is a US pharmaceutical company rated as one of the largest in the world. It is located in NY. In Russia it is in operation since 1992.

"AK&M", 14:01, 12.07.2018 1251 AKM,COR,ECO0

 

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