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Pfizer Cuts Research Centers and Operations After Purchase of Wyeth

Nov. 9 (Bloomberg) -- Pfizer Inc. , the world’s biggest drugmaker, plans to shutter six research centers, following its acquisition of Wyeth. Full Article at Bloomberg.com

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  1. HENNY RAY ABRAMS/AFP/Getty ImagesThis Feb. 7, 2000 file photo shows pharmaceutical giant Pfizer's New York headquarters. Full Article at NJ.com

  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 Indianapolis Star

  3. Pfizer Inc. will close seven research facilities in connection with its $68 billion acquisition of Wyeth, but its South San Francisco unit will remain open. Full Article at San Francisco Business Times

  4. AFP - Pfizer announced Monday cuts in its research activities and staff after acquiring pharmaceutical rival Wyeth. Full Article at France 24

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  1. LONDON, ENGLAND - NOVEMBER 23:  Jeffrey B Kindler, the Chairman and CEO of Pfizer, delivers a speech to the CBI annual conference at the Park Lane Hilton hotel on November 23, 2009 in London, England.
  2. FILE - In this Jan. 25, 2009 file photo, the company logo for drugmaker Pfizer Inc. , is shown. Pfizer Inc. posts a higher third-quarter profit Tuesday, Oct. 20, 2009,despite the recession, as sharp cost cuts make up for slightly lower sales.
  3. 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...
  4. 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.
  5. 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.
  6. 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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