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Pfizer Considering Selling Animal Health Division

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The drug manufacturer Pfizer's logo is shown in a stock image.
The drug manufacturer Pfizer's logo is shown in a stock image.

KALAMAZOO (WKZO) -- Pfizer has issued a press release saying they are exploring strategic alternatives for their animal health division and nutrition division, and could put them up for sale, spin them off, or partially or completely separate them from the company in some other way.  Spokesman Rick Chambers says the animal health division has about seven-hundred employees at their Kalamazoo County facilities.

Chambers says the two businesses both have healthy customer bases, but they are different enough from their core businesses that their best value for stockholders may be if they are no longer part of Pfizer.  A press release says that Pfizer has engaged J.P. Morgan to assist them in the evaluation of the strategic alternatives for its animal health business. 

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