Wednesday, February 08, 2006

Pfizer - OTCs up for sale


Pfizer has said it is exploring various options for its nearly $4 billion OTC unit, including selling or spinning off the business.

Famous brands up for grabs include Listerine mouth wash, Visine eye drops and Lubriderm skin lotion.

Insiders' view: More consolidation in the industry. The only "spin off" here will be job losses.....sorry, synergies! Look what happened at Boots.

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