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Pfizer planning to split its business into three units: Report

12 Jul 2018 Evaluate

Pfizer is reportedly planning to split its business into three units and one of them would include a new hospital business segment. The three new units of the company will be established medicines, consumer healthcare and innovative medicines. The innovative medicines business and consumer healthcare would together comprise about three-quarter of its revenue based on 2017 results.

The company’s new business structure represents a natural evolution, ongoing strength in-market products and late-stage pipeline and the expected significant reduction in the impact of patent protection losses post-2020.

Pfizer has produced innovative breakthroughs in a wide range of research areas, including depression, erectile dysfunction, high cholesterol, HIV infection, hypertension, bacterial infections and systemic fungal infections.

Pfizer Share Price

4954.05 84.80 (1.74%)
17-Apr-2026 16:59 View Price Chart
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