Scientists have found a protein that acts as a master switch to determine whether certain white blood cells will boost or dampen inflammation, a finding that may help the search for new drugs for rheumatoid arthritis.
A federal court in Alabama will centralize at least 1,200 civil lawsuits against Pfizer Inc over its smoking-cessation drug Chantix, which plaintiffs say can lead to suicide.
World’s largest drug maker Pfizer has moved the court against Dr Reddy’s Laboratories seeking a delay in launching the Indian drug maker’s low-cost version of atorvastatin, the world’s best-selling medicine, in the US market.
Pfizer (NYSEL PFE) has recalled about 19,000 bottles of its Lipitor tablets after an “uncharacteristic odor” was reported in a bottle of the blockbuster cholesterol drug
Swiss drug maker Novartis will pay $12.9 billion to buy the remaining shares of Alcon it doesn't already own to broaden its presence in the booming eye-care market, which is expected to outgrow the pharmaceuticals market in coming years.
Pfizer Inc
named board member George Lorch as nonexecutive chairman, a week after the abrupt departure of Chairman and Chief Executive Jeffrey Kindler from the world's largest drugmaker.Pfizer Inc
said on Monday that board member George Lorch was elected nonexecutive chairman of the board, effective immediately, and the world's largest drugmaker raised its dividend by about 11 percent.U.S. drug giant Pfizer (NYSE: PFE) hired investigators to dig up dirt on Nigeria’s former attorney general in order to stop an investigation over a controversial drug trial the company conducted which led to the deaths of eleven children, according to cables released by WikiLeaks.
Drugmaker Pfizer hired investigators to find evidence of corruption against the Nigerian attorney general to convince him to drop legal action against the company over a drug trial involving children, the Guardian newspaper reported, citing U.S. diplomatic cables made public by WikiLeaks.
Wall Street initially welcomed the abrupt departure of Pfizer Inc CEO Jeffrey Kindler, but quickly turned to questions about the condition of the pharmaceutical company and the behavior of its board.
S&P 500 Index slid 3.63 points, or 0.31 percent, to trade at 1,220.95 at 09:55 a.m. EST. The Dow Jones Industrial Average is down 30.08 points, or 0.26 percent, to trade at 11,352.01. The Nasdaq Composite Index fell 0.28 percent to trade at 2,584.64.
Kellogg Co. (NYSE: K) said chief executive David Mackay announced his plans to step down, and he will be succeeded by chief operating officer John Bryant, effective January 2, 2011. The cereal giant also reaffirmed its 2010 and 2011 sales and profit forecasts.
Investors welcomed the sudden departure of Pfizer Inc CEO Jeffrey Kindler by pushing up the stock in the hopes that a new leader will more act more aggressively to revive the giant pharmaceutical company.
Futures on the S&P 500 are down 0.30 percent to 1,219.80, futures on the Dow Jones Industrial Average are down 0.21 percent to 11,340.00 and Nasdaq100 futures are down 0.19 percent to 2,183.00.
Investors hoped a leadership shake-up at Pfizer Inc might bring divestitures, share buybacks or other moves to kick-start the company's sluggish stock price, but they were wary of disruption stemming from the abrupt change.
Pfizer Inc. announced that its chief executive Jeffrey Kindler has retired from the company and he will be replaced by Ian Read, currently head of its global biopharmaceutical operations.
The chief executive officer of Pfizer Inc,, the world's largest drugmaker, retired in an unexpected move to recharge his batteries after completing the mega merger with rival Wyeth.
The top pre-market NASDAQ stock market losers are: A-Power Energy Generation Systems, Corinthian Colleges, TICC Capital, ICAgen, NGP Capital Resources, and Take-Two Interactive Software.
The top after-market NASDAQ stock market gainers are: Hauppauge Digital, BioScrip, Titan Machinery, OmniVision Technologies, Parexel International, Zumiez, Sanmina-SCI, Cyberonics, Spectrum Pharmaceuticals, and ICAgen.
The US guest workers programs design needs an immediate and substantial in the wake of high unemployment in the nation.
S&P 500 Index slid 5.63 points, or 0.49 percent, to trade at 1,190.71 at 09:50 a.m. EST. The Dow Jones Industrial Average is down 44.77 points, or 0.40 percent, to trade at 11,136.46. The Nasdaq Composite Index fell 0.44 percent to trade at 2,503.47.
Pfizer Inc. and Bristol-Myers Squibb Co. said they have halted a late-stage study of their experimental blood-thinner apixaban because of safety concerns.
