Trump promises to reduce US medicine prices to world's lowest

2019-07-06 15:00

US President Donald Trump on Friday said his administration is working on an executive order to reduce US medicine prices to match the lowest in the world.

20 years after Viagra, Pfizer seeks another miracle drug

2018-04-01 21:00

It has been 20 years since Viagra was introduced, and Pfizer is still searching for another drug with as much earning power as the revolutionary blue erection pill.

Collusion probe into cancer meds

2017-06-13 13:47

The Competition Commission announced it will investigate excessive pricing of cancer medication.

Pfizer abandons plan to split into two companies

2016-09-26 16:23

US drug maker Pfizer, which has been considering a split into two companies for more than two years, has said it will not do so because the move would not create any shareholder value.

Pfizer beats out Sanofi to take Medivation in $14bn deal

2016-08-22 15:52

Pfizer has claimed the pharmaceutical industry’s latest big prize, beating out a group of rivals and bought Medivation and its blockbuster cancer drug for $14bn.

Pfizer revenue rises 11%

2016-08-02 13:05

Pfizer's quarterly revenue has edged up about 11%, driven by sales of newer drugs and the acquisition of hospital products company Hospira last year.

Pfizer, Allergan to combine in $160bn deal

2015-11-23 17:00

Pfizer and Allergan has agreed to combine in a $160bn deal, creating a drugmaking behemoth called Pfizer with products from Viagra to Botox and a low-cost tax base.

After hard lobbying, Pfizer eyes new tax home

2015-11-06 11:12

Pfizer chief executive is trying for the second time in as many years to do a deal with a foreign firm that could produce the savings he has been unable to extract from Washington.

Pfizer in merger talks with Botox-maker Allergan

2015-10-29 08:10

Pharmaceutical giant Pfizer has recently approached Botox-maker Allergan to discuss what could be the biggest takeover deal this year, the Wall Street Journal says.

UK raps Pfizer over inflated epilepsy drug prices

2015-08-06 10:30

Britain's competition watchdog has alleged that US drug maker Pfizer and Flynn Pharma had breached competition law by ramping up the cost of an epilepsy drug.


The great Brexit stockpile: how UK Plc is bracing for no deal

2019-01-19 15:57

Factory floors and storage facilities are filling up as manufacturers accumulate everything from printing ink and packaging to aircraft parts and tinned food

Can competition law fix SA’s drug (price) problem?

2017-06-18 06:08

Just because medicine prices are regulated, does not mean they are fair or competitive.

Blue pills in Blue House

2016-11-23 21:45

An increasingly strange political scandal surrounding South Korean President Park Geun-hye has left her office defending the purchase of hundreds of erectile dysfunction pills like Viagra.

Pfizer buys AstraZeneca's antibiotics unit

2016-08-24 10:14

Pfizer has agreed to buy an antibiotics business from AstraZeneca for $72m as well as other pay outs, seeking to add to its pipeline of treatments intended to fight infections.

Pfizer beats estimates but maintains 2016 profit forecast

2016-08-02 16:45

Pfizer has reported better-than-expected quarterly revenue and profit, driven by sales of newer drugs and the acquisition of hospital products company Hospira.

Pfizer deal collapse injects life into pharma stocks

2016-04-06 17:34

Global stock markets have been feeling no pain from the collapse of what would have been the world's second-largest merger ever.

US vaccine project to boost W Cape economy

2015-11-10 17:24

A skills transfer agreement between US pharmaceutical giant Pfizer and Biovac to manufacture a pneumonia vaccine will create at least 183 jobs in the Western Cape.

Pfizer in talks with Allergan to forge drugs giant

2015-10-29 13:30

Pharmaceutical giant Pfizer has held early talks with Botox-maker Allergan to discuss what could be the biggest takeover deal this year, according to media sources.

Pfizer lifts outlook on higher oncology, vaccine sales

2015-10-27 16:45

Pfizer reported better-than-expected earnings, as strong sales in oncology and vaccines offset a hit from patent expirations.

Pfizer wins first US trial over Zoloft

2015-04-19 12:00

Pfizer has scored a key victory when it was cleared of liability in the first US trial involving claims that its antidepressant Zoloft can cause birth defects.

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