Pharmaceutical heavyweight Pfizer (NYSE: PFE ) kicked off the second half of 2013 by slimming down and spinning off its animal-health business, Zoetis (NYSE: ZTS ) . The company also announced last quarter that it will be dividing its existing businesses into new divisions, and many analysts believe this is a precursor to future spinoffs.
And Pfizer isn't alone: Abbott recently spun-off its pharmaceutical division into the stand-alone company AbbVie.
But despite a flurry of changes across the pharmaceutical industry, Merck (NYSE: MRK ) has been reluctant to change its business model. In the following video, analysts David Williamson and Max Macaluso discuss whether Merck should join its peers and focus just on pharmaceuticals.
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