Pfizer to sell off certain units

New York: Pfizer has said it may sell or spin off its animal health and nutrition units as part of an effort to focus on faster-growing areas.

A different strategy may be used for each of the businesses, Pfizer said.

The animal health unit had revenue of $3.6 billion (€2.51bn) in 2010, while the nutrition business generated $1.9bn in sales.