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Posts Tagged ‘Pfizer’

Pfizer Inc. is lowering the price of Viagra in Canada to compete with generic versions of the erectile dysfunction drug.

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Pfizer said Monday it will buy NextWave Pharmaceuticals Inc., a company that makes a liquid attention deficit hyperactivity disorder drug, in a deal worth as much as $ 700 million.

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SPINNING OFF: Pfizer Inc., the world’s largest drugmaker, plans an initial public offering of about $ 100 million in shares of its animal health business to pay off debt.

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DUBLIN (Reuters) – Pfizer Inc will cut 177 jobs in Ireland following the expiration of patents on blockbuster cholesterol drug Lipitor, highlighting the exposure of Ireland’s export-driven economy to the patent cliff facing many in the pharmaceutical sector.

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(Reuters) – Pfizer Inc said a U.S. health advisory panel voted against its drug to treat a rare neurodegenerative disease as the data did not show enough evidence of efficacy.

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BIG BUMP: Pfizer CEO Ian Read saw compensation nearly triple to $ 18 million in 2011, his first full year heading the drugmaker. That includes $ 1.7 million in salary and stock and option awards of $ 12.5 million.

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Pfizer said Wednesday it entered a licensing agreement with Puma Biotechnology for the development and marketing of neratinib, an experimental drug that has shown promise in treating a subset of breast cancer patients.

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Pfizer Inc., the world’s largest drugmaker, said Friday early results of a late-stage study show that a combination of its anti-fungal medications Vfend and Eraxis improved mortality rates when compared to patients who took only Vfend, but the results did not yield a statistically significant difference.

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Drugmaker Pfizer Inc. is extending by a day its tender offer for pain drug developer Icagen, after the number of shares tendered by Wednesday’s deadline fell just short of what Pfizer needed.

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