Pharmaceutical

Subscribe

Shareholders of pharmaceutical company Pfizer Inc. rejected a call recently to oust some members of the company''s board for approving a deal to pay its chief executive officer as much

Swiss biotechnology company Serono, the focus of takeover speculation for months, said it was no longer up for sale because offers had fallen short of its value, the Associated Press

Bayer AG''s 16.3 billion euro ($19.6 billion) offer for drugmaker Schering AG was embraced by its target last week as German rival Merck abandoned its own takeover offer, the Associated

A courthouse in Atlantic City where a case is being heard against drug company Merck & Co. over pain-relieving drug Vioxx was evacuated March 22 after a suspicious device

The Associated Press reports that Atlantic City casino workers will help decide whether drug manufacturer Merck & Co. is to blame for heart attacks suffered by two New Jersey men

A federal jury handed Merck & Co. a major victory last Friday, clearing the drug maker of any responsibility in the death of a 53-year-old Florida man who had a

Croatian drug maker Pliva recently sold its research and development center to GlaxoSmithKline PLC in a deal worth up to US$50 million (euro60 million). According to the Associated Press, Pliva

Although New Orleans has fewer than half the residents it did before Hurricane Katrina, the judge hearing the first federal Vioxx trial has told attorneys he does not expect any

GlaxoSmithKline PLC said it is seeking preliminary approval in Europe to market a vaccine against pandemic influenza, which experts fear may be triggered by bird flu, the Associated Press reports.

Faced with thousands of Vioxx lawsuits, the loss of patent protection for a key product and a weak array of drugs in development, Merck & Co. is axing more than