Pfizer has received an approval for the sale of its wholly owned subsidiary Pfizer Animal Pharma to Pfizer Animal Health India, a 100% indirect subsidiary of Pfizer Inc., USA for a consideration of Rs 471.60 crore.
The board at its meeting held on November 08, 2012 has approved for the same. Further, the above is however subject to receipt of prior regulatory approvals.
Pfizer manufactures prescription drugs such as Viagra, Lyrica, Viagra, Dolonex Gel, Ponstan, Citralka Liquid, and many more. Its first production unit was set up at Darukhanna in Mumbai.
