Pfizer to Invest $1 Billion in China Over Five Years to Boost Drug Development
Pfizer (PFE, Financials) announced plans to invest $1 billion in China over the next five years to enhance research and development of innovative drugs. Jean-Christophe Pointeau, president of Pfizer China, revealed the promise at the 7th China International Import Expo, which took place Nov. 5 at the National Convention and Exhibition Center in Shanghai. Pointeau…