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Pfizer splits commercial operations into three business segments

11:54 AM MDT | July 30, 2013 | Natasha Alperowicz

Pfizer (New York), the world’s largest pure-play pharmaceutical company, has announced plans to reorganize its commercial operations into three business segments: two “innovative” businesses and a third comprising the “value” business. Each of the three segments will include developed and emerging markets.   Pfizer said that the changes will be implemented in January 2014 in countries that do not require consultation with works councils or unions and after the successful conclusion of those discussions in...

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