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Pfizer Inc to reorganize company into three units

2018-07-11 19:39    Investing

Pfizer Inc to reorganize company into three units Stock News

© Reuters. The Pfizer logo is seen at their world headquarters in Manhattan, New York, U.S.

(Reuters) - U.S. drugmaker Pfizer Inc (N:PFE) said on Wednesday it would reorganize its business into three units and one of them would include a new hospital business segment.

The three units are biosimilars and hospital business, branded and generic medicines and consumer healthcare, the company said.

The changes would be effective beginning fiscal 2019.

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