Pfizer announced its plan to manufacture another miracle drug like Viagra to boost sales and hopefully make its way out of financial constraints. This year, the company slashed off its R&D budget, way lower than its rivals, Merck and J&J.
Medicine April 1, 2018
A 27-year-old New Yorker went on a rampage in Phuket International Airport. While high on Viagra, he screamed at scared onlookers and even threw his own feces at airport staff.
Medicine January 9, 2018
Britain's Competition and Markets Authority slapped pharmaceutical company Pfizer with a fine equivalent to about $107 million for hiking the price of phenytoin sodium capsules. The epilepsy drug is used by about 48,000 patients in the UK.
Public Health December 8, 2016
A new study has found that Pfizer Inc.'s arthritis drug Celebrex poses no higher danger to heart health when compared to its rivals, Ibuprofen and Naproxen. The findings challenge the common belief that the rival drugs provide superior cardiovascular health safety, researchers said.
Medicine November 13, 2016
Pfizer is expanding its humanitarian assistance program by making the pneumococcal vaccine Prevnar 13 more reachable for humanitarian groups. The initiative follows company policy for emergency settings and for people in developing countries.
Public Health November 11, 2016
Pfizer Inc. has agreed to take over biopharmaceutical company Medivation Inc. for a whopping $14 billion. The deal gives an impetus to Pfizer’s oncology-oriented ambitions.
Business Tech August 22, 2016
The FDA has expanded the use of Pfizer's pneumonia vaccine Prevnar. It can now be used by infants, young children and adults between 18 and 49 years old.
Medicine July 12, 2016
Pfizer is taking a stand against lethal injections. The global pharmaceuticals company is taking measures to keep its drugs from being used in executions.
Business Tech May 14, 2016
The multibillion dollar deal between Pfizer and Allergan is off the table. The new corporate inversion rules of the IRS and the Treasury Department may have a hand on it.
Deals April 6, 2016
India's Health Ministry banned more than 300 combination drugs currently sold in the market. The officials said these drugs have no therapeutic justifications, and thus will be prohibited within a few days.
Life March 15, 2016
Health Canada alerted consumers and healthcare providers about Pfizer's voluntary recall of 126 lots of Advil products for infants and children. Ibuprofen clumps can form inside the bottle and can lead to dosage inconsistencies if the products are not shaken well prior to usage.
Life February 15, 2016
An FDA advisory panel approved a knockoff arthritis drug called Remsima from Pfizer Inc. and Celltrion Inc. The drug is the biosimilar version of Amgen's Remicade, which has brought billions of profits for the company.
Life February 10, 2016
The Pfizer-Allergan deal has caused politicians to expressed their outcries over U.S. tax issues. The merger deal appears to fall under the category of tax inversion, yet analysts said it is not.
Society November 24, 2015
Pfizer and Allergan are said to have closed a merger deal worth $150 billion. The move is said to be historic as it will deem Pfizer the largest drug maker in the world.
Deals November 23, 2015
Pfizer reportedly approached Allergan about a possible merger, which would create a company with a market cap of $332 billion. The takeover, if it pushes through, would be the biggest one for the year.
Business October 30, 2015
Meningitis may be rare but it is fatal so universities and colleges are not taking risks, boosting efforts to promote meningitis B vaccines in their campuses.
Life September 10, 2015
The Advisory Committee on Immunization Practices of the CDC has voted to include adolescents and young adults, between 16 and 23 years old, in its recommendation for meningococcal group B vaccination.
Life June 30, 2015
Pfizer is cleared of liability concerning allegations that its antidepressant Zoloft had caused birth defects in a boy in California, according to a St. Louis court.
Life April 19, 2015
Pfizer's breast cancer drug Ibrance shows encouraging results in clinical trials. The drug is far more effective in delaying breast cancer progression in comparison to other drugs.
Life April 16, 2015
Vaccine costs are too high to protect populations in developing nations, Doctors Without Borders reports. Are pharmaceutical companies to blame for the problem?
Life January 22, 2015
Gene therapy has seen disappointments and safety concerns in the past but Pfizer is establishing a gene therapy platform and is working with biotech company Spark Therapeutics to develop a treatment for Hemophilia B. Here's why.
Life December 10, 2014
Pfizer's attempt to remove the boxed warning from its stop-smoking drug Chantix has been halted by the FDA. The drug is believed to cause agitation, suicidal tendencies and depression in people.
Life October 17, 2014
Pfizer launches a new Viagra advert featuring a woman talking about Viagra. The drug maker has lost its market share to rivals who offer erectile dysfunction drugs at a cheaper price.
Life October 1, 2014
Pfizer's Xalkori drug was found to be effective against non-small-lung cancer patients with ROS1 gene abnormalities. The medicine decreased the size of tumors in 36 out of 50 patients with the rare disease.
Life September 29, 2014
The side effects of Lipitor gets more people to file lawsuits against Pfizer. The drug lowers down cholesterol level but also develops the chances of a person getting type-2 diabetes.
Life August 10, 2014
An experimental drug by Pfizer can prevent breast cancer from worsening twice as long as current medications showing promise even in advanced breast cancer cases.
Life April 7, 2014
An experimental drug developed by Amgen Inc. may soon provide an alternative and possibly even a better option for people who do not get much from taking Lipitor or cannot simply tolerate the drug.
Life April 1, 2014
Pfizer said the use of Tikosyn, a drug recently found in an Effexor bottle, could cause serious side effects in Effexor patients. The company has now recalled the antidepressant.
Life March 7, 2014
Drug companies are already working on programs that would develop drugs based on a study which found a genetic mutation that decreases one's risks of Type 2 Diabetes.
Life March 3, 2014
Stocks of Pfizer rose with news that Prevnar 13, a popular vaccine generally used to treat infections in children, can also help keep off pneumonia in the elderly.
Life February 24, 2014
BlackBerry may lose two valuable customers - Pfizer and Pentagon - who are looking to take their business elsewhere.
Business November 18, 2013
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