Keyword: Pfizer

News

Amgen Buys Onyx for $10.4 Billion

26.08.2013 - Amgen struck a deal to buy cancer drug maker Onyx Pharmaceuticals for about $10.4 billion on Sunday, as it moves to restock its product pipeline in response to declining sales of...

News

India Revokes GSK Cancer Drug Patent In Latest Big Pharma Blow

05.08.2013 - India has revoked a patent granted to GlaxoSmithKline for breast cancer drug Tykerb, a decision that follows a landmark India court ruling disallowing patents for incremental...

News

Pfizer, Merck Weather Weak Quarter

31.07.2013 - Big Pharma is still relying on belt-tightening to prop up financial results. Pfizer and Merck & Co said on Tuesday their quarterly results were again hit by generic competition for...

News

Pfizer to Split Generic, Branded Drugs Units

30.07.2013 - Pfizer, in what could be the prelude to spinning off its generics drug business, said it plans to separate its commercial operations into two units, mainly for patent-protected...

News

Bayer Divestment of its MaterialScience Unit ‘Inevitable,’ Analysts Say

30.07.2013 - Expectations that Bayer will embrace a trend in the pharma sector to split off non-core units may be too far ahead of the curve. The diversified German healthcare group has an...

News

China Widens Drug Industry Probe, Visits Belgium’s UCB

19.07.2013 - Belgian drugmaker UCB has been visited by Chinese authorities as the country widens investigations into bribery by drugmakers, following allegations against Britain's...

News

China Blocks GSK Finance Head From Leaving Country

18.07.2013 - Chinese authorities investigating the alleged bribery of doctors and officials by GlaxoSmithKline have stopped the drugmaker's head of finance for China, a British citizen, from...

News

Pfizer, Novartis May Join Amgen in Bidding for Onyx

02.07.2013 - Onyx Pharmaceuticals, whose cancer drugs promise a strong revenue stream, is attracting preliminary buyout interest from several large pharmaceutical companies such as Pfizer and...