TITLE

Procter & Gamble looks to exit pharmaceuticals: report

PUB. DATE
February 2009
SOURCE
Chemical Business;Feb2009, Vol. 23 Issue 2, p74
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reveals that Procter & Gamble Co. is working with Goldman Sachs Group to look for possible buyers for its pharmaceuticals brands or find ways to exit the business, according to the "Financial Times." The paper noted that Procter's pharmaceuticals unit accounts for global sales of more than $2 billion. According to chief executive A. G. Lafley, the firm had stopped in new drug development and would consider divesting some of its brands.
ACCESSION #
37013451

 

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