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Pfizer News

News on Pfizer (Ticker: PFE) continually updated from thousands of sources around the net.

3 hrs ago | Modern Healthcare

Baxter to offload vaccine business to Pfizer for $635 million

Baxter International is selling its vaccine business to Pfizer for $635 million as it prepares to split into two companies.

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Related Topix: Pfizer, Biotech, Medicine, Healthcare Industry, Baxter International, E.Factor, Medical Equipment, Deerfield, IL

9 hrs ago | The Washington Post

AstraZeneca Raises Forecast as Nexium Payment Boosts Profit

AstraZeneca Plc raised its forecast after reporting quarterly profit that beat analyst estimates, helped by a $200 million payment from one-time suitor Pfizer Inc. for rights to an over-the-counter version of the Nexium heartburn treatment.

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Related Topix: Biotech, Medicine, Healthcare Industry, Heartburn, Health, Business News

13 hrs ago | The Washington Post

AstraZeneca to Acquire Almirall Lung Drugs for $875 Million

AstraZeneca Plc, the U.K. drugmaker that resisted a Pfizer Inc. takeover attempt, is building up its respiratory business by buying the rights to Almirall SA's lung medicines for $875 million.

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Related Topix: Biotech, Medicine, Healthcare Industry, Pearl Therapeutics, Foradil, Formoterol (generic), Business News

Wed Jul 30, 2014

Seeking Alpha

Pfizer - Guides Lower Again, Uncertainty About The Future Strategy Remains

Pfizer reported second-quarter results which were more or less in line with consensus estimates.

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Related Topix: Biotech, Medicine, Healthcare Industry

Investopedia

Why There's Far More To Pfizer Than Viagra

In bygone centuries, medicine consisted of bloodletting and leeches. Cures were simple and inexpensive, if petrifying.

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Related Topix: Biotech, Medicine, Healthcare Industry, Viagra, Sildenafil (generic), Financial Markets, Erectile Dysfunction, Health, Lyrica, Pregabalin (generic)

Sys-Con Media

InnoPharma Announces Launch of Olanzapine for Injection, 10mg/vial in Canada

Olanzapine is indicated for the rapid control of agitation and disturbed behaviors in patients with schizophrenia or bipolar I mania.

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Related Topix: Medicine, Zyprexa, Zydis, Olanzapine (generic), Schizophrenia, Health, Biotech, Healthcare Industry

TheStreet.com

Why Pfizer (PFE) Stock Is Down Today

The acquisition grants Pfizer access to Baxter's meningitis vaccine, NeisVac-C, and encephalitis vaccine, FSME-IMMUN, along with a part of Baxter's Austrian facility that produces the drugs.

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Related Topix: Biotech, Medicine, Healthcare Industry, TheStreet

Pharmaceutical Processing

Baxter to Sell Commercial Vaccines Business to Pfizer

Baxter International has entered into a definitive agreement to sell its two commercially marketed vaccines and related production facilities to Pfizer Inc. for a total cash consideration of $635 million, subject to certain adjustments.

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Related Topix: Biotech, Medicine, Healthcare Industry, Baxter International, E.Factor, Medical Equipment, Influenza, Health, Lyme Disease

Philly.com

Merck CEO seeks drug add-ons, not large tax-inversion deals

Merck & Co., the second-biggest U.S. drugmaker, is staying in the United States and sticking to a bolt-on acquisition strategy, shunning the route taken by its biggest rival, Pfizer Inc. Merck, maker of the diabetes pill Januvia, is not interested in large-scale purchases that are "very time-consuming and distracting to what we're here to do, which ... (more)

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Related Topix: Biotech, Merck , Medicine, Healthcare Industry, North Wales, PA, Lansdale, PA

Barron's

Morning Movers: BP, UPS, Drugmakers

Russia's bad behavior is having an impact on integrated oil giant BP , which warned that increasing Western sanctions on Russia could hurt given its nearly 20% stake in state oil company Rosneft.

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Related Topix: Biotech, Merck , Medicine, Healthcare Industry, Aetna, Insurance, Financial Markets

Tue Jul 29, 2014

Seeking Alpha

Pfizer's (PFE) CEO Ian Read on Q2 2014 Results - Earnings Call Transcript

Good day, everyone and welcome to Pfizer's Second Quarter 2014 Earnings Conference Call.

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Related Topix: Pfizer, Biotech, Medicine, Healthcare Industry

The Washington Post

Pfizer CEO Is Impatient for Tax Reform as He Hunts for Deals

Failing to buy AstraZeneca Plc with the drug industry's largest-ever deal hasn't stopped Pfizer Inc.'s Ian Read from looking far and wide for acquisitions.

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Related Topix: Biotech, Medicine, Healthcare Industry, Pfizer, US News, US Politics, US Senate, Ron Wyden, Democrat, Carl Levin, Business News

Insider Monkey

Pfizer Inc. (PFE) To Sweeten Bid for Astrazeneca plc (ADR) (AZN): Frost & Sullivan

Ranjith Gopinathan, who is a program manager, life sciences and healthcare practice at Frost & Sullivan during an interview on CNBC said that while Merck & Co., Inc. has to go for some kind of acquisition to strengthen its pipeline and because of that, I think, Pfizer Inc. in May, when the latter turned down its $118 billion bid offer.

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Related Topix: Biotech, Medicine, Healthcare Industry, Consulting, Frost and Sullivan, Merck

Business Journal

Accelerator Corp. raises $51M, will expand to New York

Acclerator Corp., a Seattle a life-science investment firm that focuses on biotech businesses, said it's raised $51.1 million in capital funding, and will expand to New York City.

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Related Topix: Biotech, Medicine, Healthcare Industry, Pfizer

TheStreet.com

U.S. Stocks Higher as Merck, Pfizer Top Expectations

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Related Topix: Financial Markets, Pfizer, Excaliard Pharmaceuticals, Biotech, Medicine, Healthcare Industry, Foldrx Pharmaceuticals, Mozilla

Business Journal

Polaris names former Pfizer exec as area's first female VC partner

Helping reverse a nationwide trend of fewer female venture capitalists in recent years, Polaris Partners has named the only female partner currently at any of the area's top VC firms.

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Related Topix: Venture Capital, Emerging Technology, Biotech, Medicine, Healthcare Industry

Newsday

Earnings: UPS profit slides; Pfizer tops estimates; Merck doubles; Aetna inches higher

United Parcel Service driver Marty Thompson starts his truck up after making a delivery in Cumming, Ga.

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Related Topix: Biotech, Merck , Medicine, Healthcare Industry, Pfizer, Transportation, Trucking, United Parcel Service, Air Courier, Expedited Group, Cumming, GA, Forsyth County, GA

PE Hub

Polaris hires Pfizer general counsel Schulman as venture partner

Polaris Partners , which is in the market for a $400 million seventh fund, has brought on board a noted healthcare general counsel.

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Related Topix: Biotech, Medicine, Healthcare Industry, Waltham, MA

Vallejo Times-Herald

Pfizer's 2Q profit sinks 79 pct but tops forecasts

Pfizer's second-quarter earnings plunged 79 percent from last year, when the world's second-largest drugmaker booked a business spinoff gain of more than $10 billion, but results in the most recent quarter still edged analyst expectations.

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Related Topix: Biotech, Medicine, Healthcare Industry, Pfizer, Excaliard Pharmaceuticals, Foldrx Pharmaceuticals, Collinsville, IL

WTHR-TV Indianapolis

Pfizer's 2Q profit sinks 79 pct but tops forecasts

Most of the 1,200 people driven to evacuate by a Northern California wildfire that destroyed 13 homes have been told they can safely return after a series of steady gains in the firefight.

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Related Topix: Biotech, Medicine, Healthcare Industry, Pfizer, Excaliard Pharmaceuticals, Foldrx Pharmaceuticals, Natural Disasters, Wildfire, Fire

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