TEXT-Fitch on global pharmaceuticals sector, companies overview

Tue Jan 29, 2013 11:23am EST

Link to Fitch Ratings' Report: Global Pharmaceuticals Sector and Companies
OverviewJan 29 - Fitch Ratings has published a special report entitled 'Global
Pharmaceuticals Sector and Companies Overview - Identifying Business and
Financial Risk'.

The report illustrates a sector overview, the main challenges of global
pharmaceuticals companies and the extent to which ratings are at risk due to
ongoing patent expiration and potential M&A.

Issuers covered in the special report include Johnson&Johnson Inc., Novartis AG,
Roche Holding Ltd, Sanofi SA, AstraZeneca Plc., Merck & Co., Pfizer Inc.,
GlaxoSmithKline Plc, Allergan Inc., Eli Lilly & Co. ,Bristol-Myers Squibb, Inc.,
Bayer AG, Amgen Inc., Watson Pharmaceuticals Inc., Teva Pharmaceuticals Inc.

Additional information is available on www.fitchratings.com.

Applicable Criteria and Related Research:
Rating Pharmaceutical Companies