Advil lip a tour of i grow some of the worlds best known drugs could soon be under a new roof well tell you why u. S. Pharma giant pfizer is spinning off its biggest brands. Also on the show like it or leave it europes Top Court Rules against that ubiquitous Facebook Like button on external web pages. And europe single labor market has mostly been a boom for member countries with weak job markets but some you citizens are still off the books the romanian day laborer who moved to italy. This is your Business Report im Stephen Beers in berlin thanks for joining us us drug giant pfizer is spinning off its older branded medications into a merger with generic drug maker milan pfizer would have a Majority Stake in the new business which would both sales of 20000000000. 00 annually and own the rights to some of the most familiar brands of the pharmacy
including advil and cholesterol pill if its worth all of which have lost Patent Protection making them less profitable the spin off would allow
including advil and cholesterol pill if it s worth all of which have lost patent protection making them less profitable the spin off would allow pfizer to focus on newer patent protected medications which are more profitable and it comes as u.s. drug companies face intense political pressure to lower their prices. democratic presidential hopeful bernie sanders is campaigning against high drug prices in the u.s. at a pharisee in canada he s joined by diabetes patients who cross the border with them to buy insulin one vial costs 340 dollars in the u.s. and canada it s just 30. many americans are faced with skyrocketing pharmaceutical prices on a congressional oversight hearing in washington patients spoke of the impact the prices are having on their lives. what are we willing to pay to save a life and well that s easy when it s your child s ability to live to breed when
advil lip a tour of i grow some of the world s best known drugs could soon be under a new roof we ll tell you why u.s. pharma giant pfizer is spinning off its biggest brands. also on the show like it or leave it europe s top court rules against that ubiquitous facebook like button on external web pages. and europe single labor market has mostly been a boom for member countries with weak job markets but some you citizens are still off the books the romanian day laborer who moved to italy. this is your business report i m stephen beers in berlin thanks for joining us us drug giant pfizer is spinning off its older branded medications into a merger with generic drug maker milan pfizer would have a majority stake in the new business which would both sales of $20000000000.00 annually and own the rights to some of the most familiar brands of the pharmacy