World News Insights
1-3 Minute Gist

All Topics Article

Pfizer Deal Highlights China's Clout

Wall Street Journal Original article ›

Keywords:

LyrArc Article Gist
The Ministry of Commerce in China conducts anti-monopoly reviews and sets rules for which divestments need to occur in merger arrangements. In the Pfizer merger with Wyeth, the Ministry required Pfizer to sell a Chinese swine vaccine business to Harbin Pharmaceutical Group.. The concern- Pfizer could control 50% of the swine vaccine business in China with some 500 million pigs. Five other merger and acquisition transactions have come under review. Coca-Cola's $2.4 billon acquisition for a Chinese juice maker is stalled. Novartis and Eli Lilly showed interest but the Ministry of Commerce preferred to steer things to a Chinese player. In future it is expected that rules will favor up and comig local companies over large foreign companies.

Pfizer.

01/19/2006

Grouped Articles

Pfizer's Net Income Declines

Wall Street Journal 01/19/2006

Weak Sales Prompt Pfizer to Cancel Diabetes Drug

New York Times 10/19/2007

Pfizer Unit, UCB Form a Venture

Wall Street Journal 10/21/2008

Drug Makers, Facing Critics, Will Stop Some Ads

Wall Street Journal 12/11/2008

Pfizer Plans to Lay Off Up to 2,400 in Sales

Wall Street Journal 01/17/2009

Pfizer Deal to Buy Wyeth Leaves Doubts

Wall Street Journal 01/27/2009

Anti-monopoly reviews of the Ministry of Commerce in China.

05/29/2010

Ministry of Commerce in China and anti-trust or anti-monopoly rules. The rules favor local players over large foreign companies.

Grouped Articles

Xi Gives America Inc. a Reality Check

Wall Street Journal 09/22/2015

Pfizer Deal Highlights China's Clout

Wall Street Journal 05/29/2010


Support LyrArc

We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.

Support Lyrarc from as small as $1


Copyright © 2006 - 2026 Intelilinks LLC
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us