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Judge dismisses investor class-action lawsuit against Merck

April 17, 2007
A federal judge in New Jersey has dismissed a securities class action lawsuit brought against Merck & Co. by investors over its one-time blockbuster drug Vioxx because the statute of
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Johnson & Johnson wins ruling in Boston Scientific patent case

April 9, 2007
According to Reuters, a U.S. federal court has ruled that a drug-coated stent sold by Johnson and Johnson does not infringe a patent held by Boston Scientific Corp. The patent
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British watchdog begins drug supply probe after controversial Pfizer deal

April 4, 2007
Britain''s government competition watchdog began an investigation into the supply of medicines across the country after Pfizer Inc. signed a deal to sell its prescription drugs through a single wholesaler,
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Teva to appeal Pfizer patent win

March 27, 2007
Teva Pharmaceutical Industries Ltd., the world''s largest maker of generic drugs, said it plans to appeal a U.S. judge''s decision to uphold patents protecting Pfizer Inc.''s pain reliever Celebrex, the
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Pfizer CEO compensation valued at $11.4 million

March 19, 2007
The Associated Press reports that Pfizer Inc. chairman and CEO Jeffrey B. Kindler received compensation last year that the company valued at $11.4 million, according to a regulatory filing on
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Pfizer wins claim over Mylan

February 28, 2007
The Associated Press reports that attorneys for Mylan Laboratories Inc. have said the generic drug maker will appeal a ruling barring it from marketing a generic version of Pfizer Inc.''s
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Bristol-Myers to construct new plant in Massachusetts

February 19, 2007
The Associated Press reports that drug maker Bristol-Myers Squibb Co. has purchased an 89-acre site to build a new plant for manufacturing biological compounds.The company said the new Devens, Mass.
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Pfizer losing Chinese court battle over Viagra name rights

February 6, 2007
The Associated Press reports that U.S. drug maker Pfizer Inc. recently lost a minor legal battle with Chinese rivals over rights to names for its popular anti-impotence drug Viagra, a
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Merck plans $100 million expansion in North Carolina

December 19, 2006
According to the Associated Press, Merck & Co. plans to invest about $100 million to expand its vaccine manufacturing facility in Durham if approved by county commissioners. The planned 115,000-square-foot
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Two plead guilty in prescription scheme

December 4, 2006
Two pharmaceutical drug distributors pleaded guilty to taking part in a $42 million conspiracy to illegally import and sell the cholesterol reduction drug Lipitor and other medicines, the Associated Press
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