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Pfizer Signs Jointown to Distribute its Drugs in China

publication date: Sep 19, 2011
Pfizer has signed a China drug distribution deal with Jointown Pharmaceutical Group. The agreement will give Pfizer entry into Jointown’s network of provincial hospitals, OTC outlets and other rural markets. As a result of the arrangement, Pfizer is shutting down its own network that distributed drugs to pharmacies. Financial details of the relationship were not disclosed. More details....

Stock Symbols: (NYSE: PFE) (SHA: 600998)

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