That has left it open to investor criticism, with Starboard in October saying that Pfizer's management has over-spent on big acquisitions and failed to produce profitable new drugs from those deals or from its internal research and development. "While we see several assets in Pfizer's pipeline ...
Among Pfizer’s biggest drugs, its blockbuster pneumonia vaccine franchise Prevnar and top-selling cancer drug Ibrance met sales expectations in the quarter. The blood-thinner Eliquis and rare disease treatment Vyndaqel beat the Street’s projections, but both are expected to decline in the years ah...
Pfizer celebrates its 150th anniversary as one of the world's premier pharmaceutical companies. Recognized for its success in discovering and developing innovative drugs for human discovery, Forbes® magazine names Pfizer "Company of the Year." Pfizer takes the drug discovery process to a new leve...
"Online pharmacies where you'll find counterfeit drugs may have different names, but they're often going to look alike. They'll have a very similar setup with similar formats, statements, and quotes," Callanan says. "If the site feels and looks too much like another one — like it's ...
Through its $8.7 billion acquisition, which completed last summer, AbbVie got a pipeline of experimental brain drugs, including one that looked to be a promising new therapy for schizophrenia. But that drug suffered a major clinical setback late last year. The “outright failure” — as one...
Recognized for its success in discovering and developing innovative drugs for human discovery, Forbes® magazine names Pfizer "Company of the Year." Pfizer takes the drug discovery process to a new level of efficiency with the opening of the Discovery Technology Center in Cambridge, Massachusetts....
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Though the headlines and sentiment seem dire, that pessimism is largely rooted in investors’ collective view that sees a glass as half-empty rather than half-full. Pfizer’s got a quietly potent pipeline, though, with a mix of already-approved and new drugs closer to wrapping up clinical tr...
In the late 2000s/early 2010s, Pfizer, like many other big pharma companies, was experiencing pipeline difficulties too, with drugs accounting for 40% of its sales coming off patent, and a series of high-profile failures of drugs in development, such as the anti-cholesterol drug torcetrapib ...
It has major manufacturing facilities in India, China, Japan, Ireland, Italy, Belgium, Germany, Singapore, and the US. The company provides its products in North America, South America, Asia-Pacific, Australia, Europe, Africa, and the Middle East. Pfizer is headquartered in New York, the US...