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Pharmaceutical

Pfizer to cut workforce in response to slowing demand for Lipitor

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CORK, Ireland — Pfizer announced it is eliminating 177 jobs at its plants in Ireland in response to a fall in demand for anti-cholesterol drug Lipitor, The Irish Times
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Study details foreign efforts to lure biopharmaceutical companies

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Despite increasing budget pressures, countries around the world are making substantial investments in pro-innovation policies and programs to lure the biopharmaceutical research sector away from the U.S., finds a
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US may speed approval of ''breakthrough'' drugs

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WASHINGTON — Reuters reports, experimental drugs that show a big effect early in development for treating serious or life-threatening diseases would get a faster and cheaper path to U.S. approval,
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Pharmaceutical industry leaders to examine global supply network challenges, solutions at ISPE Conference

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TAMPA, Fla. — ISPE will host an in-depth two-day conference that will bring together top industry leaders and regulators to examine global supply network challenges and solutions. The event, “Designing,
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Multi-tasking Titrator

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JM Science’s Potentiometric Titrator (COM-1700) can run four titrations and stirrers that easily allow end user to do different types of titration including potentiometric, photometric, polarization, and conductometric titrations in
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Pfizer, BYU settle Celebrex lawsuit for $450M

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One month from trial date, Brigham Young University and Pfizer Inc. settled a lawsuit Tuesday for $450 million over whether the Utah school had been cheated out of billions of
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Novartis to Buy Fougera Pharmaceuticals for $1.5 Billion

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Novartis International has agreed to buy Fougera Pharmaceuticals, a maker of generic skin care medicine, for $1.525 billion in cash, reported by The New York Times. Under the terms of
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Pfizer Q1 profit falls 19 percent

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The Associated Press reports, Pfizer Inc. said Tuesday that its first-quarter profit fell 19 percent, mainly because new generic competition to its blockbuster cholesterol pill Lipitor cut U.S. sales by
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Warner Chilcott to explore sale of company

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Specialty pharmaceutical company Warner Chilcott Plc said it would explore strategic options, including preliminary talks with potential buyers, Reuters reports. The company said it hired Goldman Sachs as its financial
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Bayer sues generic drug maker over erectile dysfunction drug

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WILMINGTON, Del. — Bayer Pharma AG is suing generic drug maker Watson Pharmaceuticals Inc. for allegedly infringing two U.S. patents for the erectile dysfunction drug Staxyn, Bloomberg reported. Bayer
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