Keyword: Zoetis

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Pfizer to Spin Off Zoetis Stake to Shareholders

23.05.2013 - Pfizer said on Wednesday it will spin off its majority stake in animal health business Zoetis to shareholders by allowing them to swap Pfizer stock for Zoetis shares at a 7%...

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Drug Industry CEOs Plotting More Carve-outs

07.05.2013 - A new generation of drug industry chief executives is stepping up plans to restructure their businesses by divesting slower-growing and maturing operations, opening up new...

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Strong Pet Product Sales Help Zoetis Top Estimates

30.04.2013 - Zoetis, formerly the animal health subsidiary of U.S. pharmaceuticals giant Pfizer, posted a stronger-than-expected quarterly profit, driven by growth in sales of pet products in...

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Pfizer Q1 Results Fall Short

30.04.2013 - Pfizer reported much lower-than-expected first-quarter sales on Tuesday, hurt by weak demand for its Prevnar 13 vaccine and generic medicines, and it trimmed its 2013 profit...

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Zoetis IPO Prices at $26; Largest US Deal Since Facebook

01.02.2013 - Pfizer's animal health subsidiary Zoetis raised $2.2 billion in its public offering on Thursday, becoming the largest IPO from a U.S. company since Facebook. Madison, New Jersey...

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Pfizer Beats Forecasts, Helped by Cost Cuts

31.07.2012 - Pfizer reported higher-than-expected quarterly earnings, helped by cuts in research spending and other costs, and affirmed its 2012 profit forecast despite the negative impact of...

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Pfizer Plans Animal Health IPO

07.06.2012 - Pfizer plans to separate its animal health unit into a standalone company, a move Wall Street expected as the largest U.S. drugmaker focuses more intently on its core...