Cost-Cutting Initiative Will Create “A More Agile” Pfizer
This article was originally published in The Pink Sheet Daily
Executive Summary
Pfizer announces cost cuts to reduce 2007 operating expenses below 2006 level during the firm’s third quarter earnings call.
You may also be interested in...
Pfizer Restructuring Expands Shedlarz' Responsibilities As Katen Departs
New CEO Jeffrey Kindler also establishes a seven member "Executive Leadership Team."
Pfizer CEO McKinnell’s Successor Is General Counsel Kindler
McKinnell will remain as Pfizer's chairman until February 2007.
Lipitor Pricing Offsets Loss In Prescription Volume, Pfizer Says
Declines in Lipitor's prescription volume due to the presence of generic simvastatin are being offset by price increases, Pfizer says