Pharmaceutical

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Pfizer showed further weakness in its main business of prescription medicines, sending shares down more than 3 percent on concern over future growth as the company prepares to divest better-performing

According to Reuters, Merck & Co. plans to cut another 12,000 to 13,000 jobs by late 2015 to wring out additional annual cost savings of up to $1.5 billion that

The Associated Press reports that Bristol-Myers Squibb Co. said its second-quarter profit fell nearly 3 percent due to higher taxes and increased costs for production, marketing and administration. Those were

A class action lawsuit has been filed against pharmaceutical company Novo Nordisk on of behalf drug sales reps for alleged overtime wage and hour violations. According to the wage

Shares of Raptor Pharmaceutical Corp. retreated from annual highs Monday after the company said its most advanced drug candidate met its main goal in a late-stage clinical trial, according to

According to Bloomberg, a drug developed by GlaxoSmithKline and Pfizer controlled HIV faster and more safely than Bristol-Myers Squibb’s Sustiva in a study, suggesting the experimental medicine may one day

Business Wire reports that Teva Pharmaceutical Industries Ltd. has completed the acquisition of Taiyo Pharmaceutical Industry Co. Ltd. for $934 million in cash. Taiyo is the third largest generics manufacturer

According to Reuters, Johnson & Johnson is being sued by Oral Cancer Prevention International, claiming the drug manufacturer interfered with a sales agreement related to the distribution of an oral

A new rum distillery will open in a former pharmaceutical plant in central Puerto Rico, helping to offset the loss of Captain Morgan rum from the island, according to the