Pharmaceutical

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According to the Associated Press, GlaxoSmithKline PLC has selected the president of its European pharmaceuticals division, Andrew Witty, to succeed Jean-Pierre Garnier as its chief executive officer. Witty, 43, who

A court case brought by Nigeria against Pfizer resumes on Wednesday with the U.S. drug maker saying it answered a call for help to save the lives of African children

Drug maker Bristol-Myers Squibb Co. said it will acquire privately-held Adnexus Therapeutics in a $430 million all-cash deal, the Associated Press reports. Biotechnology company Adnexus Therapeutics will become a subsidiary

The Associated Press reports that Belgian pharmaceutical maker Janssen-Cilag will eliminate 688 jobs as it seeks to put more money into research and development, and as exclusive patent rights to

Accenture Ltd., a consulting, technology services and outsourcing firm, has opened a joint center to monitor drug safety data in India with Bristol-Myers Squibb Co., according to the Associated Press.

In a major legal victory for Merck & Co. in its massive Vioxx litigation, New Jersey''s Supreme Court recently rejected a potential class-action lawsuit that could have cost the drugmaker

The Associated Press reports that a pharmaceutical products subsidiary of Sigma-Aldrich Corp. is planning a $4.5 million expansion of its chemical manufacturing facility in Madison, Wisconsin. The plan, scheduled for

Drug developer Pfizer Inc. said Frank D''Amelio, an executive with communications equipment company Alcatel-Lucent, will become the company''s new chief financial officer in mid-September replacing Alan Levin, according to the

The Associated Press reports that executive vice president and chief financial officer of drug developer Merck & Co. sold 63,000 shares of common stock, according to a Securities and Exchange

Merck & Co. urged a New Jersey judge to slash a jury''s $47.5 million award to an Idaho postal worker who successfully sued the drugmaker over a heart attack he