Pfizer To Streamline Structure To Minimize Bureaucracy And Fuel “Entrepreneurial” Spirit
This article was originally published in The Pink Sheet Daily
Organization has 12 to 13 layers, vice chairman says, while some best-in-class companies have five to seven.
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New CEO Jeffrey Kindler also establishes a seven member "Executive Leadership Team."
The company said it will update investors on the path forward for zuranolone in major depressive disorder after finalizing discussions with the US FDA. It would not confirm if a meeting had taken place yet.
Drug shortages will become a bigger issue in a few months if ingredient supply disruptions in China persist, Bernstein analyst Gal concluded from discussions with four generic executives.