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Pfizer (NYSE: PFE) To Close Six of 20 Research Facilities

Pfizer (NYSE: PFE), the world's biggest drugmaker, said Monday it is closing six of its 20 research facilities, reorganizing and consolidating others, and cutting the jobs of roughly 15 percent of its scientists and support staff, according to... Full Article at TransWorldNews

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  1. Pfizer Inc. (NYSE:PFE) employees concerned about their jobs may have a better idea of where they stand. The pharmaceutical giant on Monday announced plans to consolidate 20 R&D centers into five central hubs as part of its integration of Wyeth. Full Article at The Deal: Blogs

  2. TRENTON, N.J.—Less than a month after buying Wyeth, drug giant Pfizer Inc. has mapped out a new structure for its research and development operations. Full Article at Boston Globe

  3. Pfizer Inc. (NYSE: PFE) and Wyeth (NYSE; WYE) said Monday they will sell certain animal health product assets to Boehringer Ingelheim for an undisclosed amount, according to Associated Press. Full Article at TransWorldNews

  4. Pfizer Inc (NYSE: PFE) and Wyeth (NYSE: WYE) announced that they have entered into an agreement with Boehringer Ingelheim to divest certain animal health assets in connection with the regulatory approval process associated with Pfizer's pending... Full Article at World Pharma News

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  1. WASHINGTON - SEPTEMBER 02:  Associate Attorney General Tom Perrilli (C) takes questions from the news media after announcing that pharmaceutical giant Pfizer will pay a record $2.3 billion settlement for illegal drug promotion with (L-R) Health and Human Services Inspector General Dan Levinson, F...
  2. NEW YORK - AUGUST 06:  Former US President Bill Clinton speaks at a news conference at the headquarters of the Clinton Foundation concerning a recent new initiative to treat AIDS patients in developing countries August 6, 2009 in New York City.
  3. NEW YORK - JANUARY 26:  Jeffrey B. Kindler, CEO of Pfizer (R) and Bernard Poussot (L), CEO of Wyeth, appear at a news conference discussing the planned merger of their companies January 26, 2009 in New York City.
  4. CHICAGO - JULY 23:  Lipitor tablets sit in a tray at a Pharmacy July 23, 2008 in Chicago, Illinois. Pfizer, the world's biggest drug maker and manufacturer of the cholesterol drug Lipitor, said today its second quarter profit rose to $2.78 billion. Lipitor is the world's top-selling drug.
  5. NEW YORK - APRIL 17:  Pedestrians walk past  the world headquarters of Pfizer Inc. April 17, 2008 in New York City.
  6. NEW YORK - NOVEMBER 02:  Wyeth CEO Bernard Poussot attends the French Institute Alliance Francaise Annual Gala at The Plaza Hotel on November 2, 2009 in New York City.
  7. NEW YORK - OCTOBER 29:  Designer Patrick Robinson and is wife Virginia Smith, fashion market and accessories director of Vogue and their son, Wyeth attend Launch of Stella McCartney Collection for GapKids at Little Red Schoolhouse on October 29, 2009 in New York City.

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