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Love From Shanghai: Upjohn Started Here But Will It Stay Post-Mylan?

 
• By Brian Yang

Opened with a big splash just two months ago in a brand new headquarters in Shanghai, Pfizer's Upjohn established products subsidiary is now merging with Mylan to create the world's largest generics group, stirring up local concerns that the focus could shift from China back to the US.

Huangpu river and Shanghai skyline
UPJOHN/MYLAN MERGER COULD SHIFT FOCUS FROM CHINA TO US • Source: Shutterstock

After the news of Pfizer Inc.’s plan to merge its established products subsidiary Upjohn with generics major Mylan Pharmaceuticals Inc. to create the world's biggest generics group by revenues, many are wondering if the move means Upjohn will retreat from its newly opened global headquarters in Shanghai.

During the opening ceremony for the Chinese facility, Pfizer Upjohn president Michael Goettler told Scrip that the main reason to...

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