Pfizer have recently announced the next steps in its review of strategic alternatives for Pfizer Animal Health. This review has been underway for a period of time and it is now confirmed that preparations are underway to file a registration statement in the U.S. for a potential initial public offering (IPO) of a minority ownership stake in Animal Health. This will mean that Animal Health will become a standalone company and will be named ZoetisTM (pronounced zō-EH-tis) once this is complete.
Pfizer are keen to ensure that any changes that need to be made will cause no disruption to you and your business and you should continue to engage with your Account Manager as you always have.
(Source: Pfizer Ltd)
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