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Pfizer Animal Health grows 29% post Fort Dodge

Pfizer Animal Health has reported a 29% increase in revenues for 2010, the first full financial year since the company integrated the Fort Dodge business as part of its parent company’s acquisition of Wyeth pharmaceutical company. The parent company saw turnover grow by 36%, but has signalled its intention to reducing its R&D infrastructure and spend to save $1.5 billion by the end of 2012.

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