More Details About Hisun-Pfizer Inc. and Merck & Co., Inc.-Simcere Pharmaceutical Group JVs

by Richard Daverman, PhD

May 21, 2013 -- In 2011, the world’s two largest drugmakers – Pfizer and Merck – each announced major China drug JVs with domestic China pharmas – Hisun in Pfizer’s case and Simcere for Merck. The arrangements were high-profile, and their aims went beyond drug distributorship, reaching into drug development. But details have been slow to emerge. A recent article in People’s Daily shed some light on these important JVs, which are now just getting under way. More details....

Stock Symbols: (NYSE: PFE) (NYSE: MRK) (SHA: 600267) (NYSE: SCR)

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