Company news: Pfizer and PhRMA

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Pfizer and Shanghai Pharmaceutical Co. are partnering for a possible Pfizer product launch in China. The companies already co-promote pediatric flu vaccine Prevenar in China.

PhRMA announced its board leadership for the coming year. Sanofi-Aventis CEO Christopher Viehbacher will continue as board chairman of the trade group, while Lilly chief John Lechleiter becomes chairman-elect and Celgene CEO Robert Hugin board treasurer. Viehbacher stepped into the role last year when then-chairman Jeff Kindler abruptly left Pfizer.
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