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  • Ian Read, CEO of drug group Pfizer, will pass over that role at the end of this year to current COO Albert Bourla, a 25-year veteran of the company. Read has been CEO since the end of 2010; he will remain
  • formerly a division of Pfizer, which had sales of $5.3bn last year. Separately, Allergan continues to prune its portfolio, selling off a collection of dermatology drugs to Spanish company Almirall for
  • It passed its peak several years ago now, but Pfizer's cholesterol drug Lipitor is still the clear leader with total sales to-date of almost $95bn. It could soon be toppled, though, by AbbVie's Humira,
  • not least because Pfizer's OTC division was also up for sale. Brands include Bion, Femibion and Neurobion mineral supplements, Seven Seas vitamins, Nasivin decongestants and Kytta pain relief gel. That
  • like Pfizer or Amgen. Meanwhile, Shire itself appeared to take a defensive move by disposing of a collection of oncology drugs - in which Takeda had expressed interest - to French group Servier for $2.
  • Advertisers Both of the main suitors for Pfizer's $20bn consumer healthcare division dropped out during the course of last week. Reckitt Benckiser - which had been considered the favourite to buy the
  • 20bn auction of Pfizer's consumer healthcare division: GlaxoSmithKline and Reckitt Benckiser. Most observers expect RB to win the prize, since GSK would need the approval of its healthcare partner Novartis,
  • losing Medivation in 2016 to Pfizer, and Actelion last year to Johnson & Johnson. At the same time, it faces an imminent generic threat to its top-selling product Lantus. Bioverativ's top-selling drugs
  • Drug giant Pfizer also made changes to its senior management team. Albert Bourla, current head of the innovative pharma division, which develops and launches new prescription drugs, moves up to a newly
  • such as Pfizer or Merck KGaA. Any such deal would be hampered by RB's existing debt. A potential sale of RB Hygiene Home could resolve that problem. Current rivals including Unilever, SC Johnson or even

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