GSK, Pfizer and GE shift away from diversification

GlaxoSmithKline, Pfizer and General Electric all made key announcements Wednesday signaling that health-care companies are shifting to focus their businesses on their greatest strengths and abandoning the diversification strategies that have characterized health care for the past two decades.


@Bill_George
.

For more insight from CNBC contributors, follow

@CNBCopinion

on Twitter.

CORRECTION: General Electric had previously announced plans to separate its health-care unit and reiterated those plans Wednesday.

Source link

Leave a Comment

At least 20 dead in blasts at sports center in Afghan capitalHave waits for GP appointments got longer?