Pfizer’s Shanghai Anti-Infectives Research Unit Delayed

Pfizer said it will extend the timeline on the buildout of its Shanghai Anti-Infectives Research Unit. Earlier, an internet report stated the China research program had been cancelled. In February of this year, Pfizer announced it would close its Anti-Infectives unit in Groton, Conn. and transfer the operation to Shanghai. The move was supposed to take up to two years. Now, Pfizer says the timeline is extended, though the company has not announced a new schedule. More details.... Stock Symbol: (NYSE: PFE)     Share this with colleagues: