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Pfizer News

Pfizer/BioNTech file for emergency approval for virus vaccine

Washington - Pfizer confirmed Friday that it and partner BioNTech have applied for emergency use authorization for their coronavirus vaccine, becoming the first to do so in the US or Europe as the pandemic rages around the world.

Pfizer: the firm making major progress toward Covid vaccine

New York - Pfizer, in partnership with German company BioNTech, announced this week major progress in its quest to release a vaccine against Covid-19. Here are some key questions and answers about the US firm and its long history:- How did the company begin?

Pfizer CEO sold $5.6 million in stock on day of vaccine announcement

Washington - Pfizer CEO Albert Bourla sold $5.6 million of his stock in the US pharmaceutical company on the same day it announced promising results for its Covid-19 vaccine candidate, filings showed Wednesday.

Biden: Vaccine news gives 'hope,' but long battle ahead

Wilmington - US President-elect Joe Biden Monday hailed as a cause for "hope" the news that a Covid-19 vaccine developed by Pfizer and BioNTech was 90 percent effective -- but warned of a long battle still ahead.

'Watershed' Covid-19 vaccine proves 90 percent effective

Paris - A vaccine jointly developed by Pfizer and BioNTech was 90 percent effective in preventing Covid-19 infections in ongoing Phase 3 trials, the companies announced Monday.

Exxon Mobil dropped from the Dow Jones after Apple stock split

New York - Exxon Mobil, which joined the Dow Jones Industrial Average in 1928, is being removed from the blue-chip stock market index. Its replacement: enterprise software company

Pfizer helps Indian government with antimicrobial resistance

New Delhi - The major drugs company Pfizer is working closely with the Indian Council of Medical Research (ICMR) to help combat antimicrobial resistance in India. This includes establishing a center in New Delhi to develop research.

Suicide risk lifted from Pfizer's smoking-cessation pill

Brussels - Europe's drug regulator has lifted a longstanding warning in relation to a anti-smoking medication made by the company Pfizer.

Pfizer's pneumococcal vaccine challenged by MSF

The issue of patents, the cost of medicine, and the practices of pharmaceutical companies has come to ahead through a challenge about the manufacture and distribution of a pneumococcal vaccine.

The world’s biggest pharma company created

Two big deals in the world of pharmaceuticals have been announced this week. Pfizer has announced it is to merge with Allergan; and Shire is making a bid for Baxalta.

Pfizer to buy Allergan for $160 billion

Pfizer is planning to buy Allergan for $160 billion. When the deal is completed, it will become the world's largest drug company.

Op-Ed: Pfizer to buy Allergan in $160 billion deal

Foreclosures and short sales dropped to 6 percent in October, down from 9 percent a year ago, and the lowest level since the National Association of Realtors stared tracking distressed sales in October 2008.

Op-Ed: The S&P 500 index gained 3.3% for the week

Since 1987, DJIA has logged gains in 22 of 28 years from the close on Friday after Thanksgiving to year-end. The S&P 500 is up 0.5 percent in November and 1.5 percent thus far in 2015. There are 28 trading days remaining in 2015.

CMA accuses Pfizer and Flynn Pharma of overcharging

The UK's watchdog is accusing pharmaceutical firms Pfizer and Flynn Pharma of charging unfair prices for an anti-epilepsy drug.

Pfizer once-daily arthritis tablets reach FDA review

Pharmaceutical company Pfizer has announced that it is getting closer to producing a once-per-day table designed to reduce the effects of arthritis. The tablets are currently being reviewed by the U.S. FDA.

Pfizer buys leading drugs from GSK to extend market share

Pharmaceutical company Pfizer has purchased two vaccine manufacturers from GSK: Nimenrix and Mencevax. These products extend the company’s interest in this field.

Pfizer to acquire Hospira in big pharma sale

The pharmaceutical Pfizer giant is purchasing the injectable drugmaker Hospira for a reported $15 billion. This represents a new area for Pfizer.

Pfizer recalls antidepressants after pharmacist finds heart drug

A pharmacist found that a bottle of antidepressant Effexor XR contained one capsule of Tikosyn 0.25 milligram (dofetilide), which is used to treat heart rhythm disorders.

Pfizer to appeal loss of Celebrex patent

New York - Pharmaceutical giant Pfizer said on Wednesday it will appeal a US federal court's refusal to extend patent protection for its blockbuster Celebrex drug used to treat arthritis.Pfizer said the US District Court for the Eastern District of Virginia inval...

Pfizer profits fall, but beat expectations

New York - US pharmaceutical giant Pfizer Tuesday reported a big drop in quarterly profits, but bested analyst expectations and pointed to several new drugs in development.

Pfizer to start selling Viagra online

Men who do not like to go to the drugstore to buy Viagra will now have another option. They will be able to go online and buy Viagra directly from Pfizer.

Drug company's problem causes TB drug shortage

The pharma company Pfizer has announces that vials of Rifampin, used to treat tuberculosis, are in short supply due to manufacturing and possible contamination issues.

Gold dust worth $700,000 goes missing from Pfizer

Chesterfield - A medical research lab, Pfizer, in Chesterfield, Missouri, knows that it is missing $700,000 worth of gold dust, but it does not know how it went missing.

Canadian Supreme court rules Viagra patent invalid

Ottawa - Teva Canada won an appeal before the Supreme Court of Canada which invalidated the Pfizer patent for Viagra. Teva will now be free to market its own generic brand of pill for erectile dysfunction.

Drugs company ordered to pay patient $5 million

The ‘big pharma’ company Wyeth and Pharmacia & Upjohn have been ordered by a judge to pay a woman over $5 million after she developed breast cancer after using a hormone drug.

Pfizer pays $60 million to settle bribery allegations

Los Angeles - The ‘big pharma’ company Pfizer has paid the US government $60 million to settle allegations of attempting to bribe doctors to win business.

One million contraceptive pills withdrawn after drugs mix-up

The drugs giant Pfizer has pulled over a million mixed-up oral contraceptive pills from the market after a processing error at a pharmaceutical factory.

Pfizer recalls birth control pills that lack enough contraceptive

The world's largest pharmaceutical company, Pfizer, has recalled one million packs of birth control pills that may not prevent pregnancy.

Pfizer to pay $60 million to settle bribery allegation

Pfizer will pay around $60m to settle allegations that it paid kickbacks in order to encourage the uptake of its products outside the US.

Xalkori gets rapid FDA approval for treating lung cancer

The U.S. FDA has approved a drug for treating lung cancer that could change the way cancer treatment is approached. The drug turns off a specific gene that drives some forms of non-small cell lung carcinoma.
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