Latest Pfizer Inc News
Brand-name drug prices rising at slower pace, lower amounts
TRENTON, N.J. (AP) — Drug companies are still raising prices for brand-name prescription medicines, just not as often or by as much as they used to, according to an Associated Press analysis. After years of frequent list price hikes, many drugmakers are showing some restraint, according to the analysis of...
Democratic hopefuls take aim at insurer and pharma profits
WASHINGTON (AP) — Sen. Bernie Sanders and other progressives seeking the Democratic presidential nomination are zeroing in on pharmaceutical and insurer profits, money they say would be better spent providing health care for everyone under "Medicare for All." Their idea: Health care dollars from government...
Correction: Mylan-Pfizer story
In a story July 29 about Pfizer and Mylan, The Associated Press erroneously described the drug Effexor. It is used to treat depression, not severe heartburn. A corrected version of the story is below: Pfizer, Mylan strengthen ties, create new company Pfizer, strengthening ties to Mylan, will pair its off-patent...
Tyson Foods, Allakos rise; Cars.com, ON Semiconductor fall
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Monday: ON Semiconductor Corp., down $2.13 to $17.85. The semiconductor components maker gave investors a weak revenue forecast for the current quarter. Tyson Foods Inc., up $4.07 to $83.83. The meat producer beat Wall Street's fiscal...
103-year-old ex-chemist to be honored for work on penicillin
COLUMBUS, Ohio (AP) — The story is family lore. In 1942, chemist Robert Walton, then in his late 20s, was drafted following the attacks on Pearl Harbor and boarded a bus in Rahway, New Jersey, for basic training at Fort Dix. His journey lasted only a few miles (kilometers) when FBI agents boarded the bus...
Maine governor praises federal plan for prescription drugs
AUGUSTA, Maine (AP) — Maine is ready to take advantage of a Trump administration proposal that would allow Americans to legally and safely import lower-cost prescription drugs from Canada, Democratic Gov. Janet Mills said Wednesday. The plan reverses years of opposition from federal health authorities. It...
Asian shares fall as markets look to US Fed rate decision
TOKYO (AP) — Asian shares were mostly lower Wednesday as investors looked cautiously ahead to a key policy update from the U.S. Federal Reserve later in the day. Japan's benchmark Nikkei 225 fell 1.0% to 21,490.57 in early trading. Australia's S&P/ASX 200 lost 0.3% to 6,823.70. South Korea's Kospi...
Merck's global sales jump 12% in second quarter
Soaring sales of its cancer blockbuster and vaccines helped drive Merck's second-quarter profit up a whopping 54%, blowing past Wall Street expectations. The maker of cancer immunotherapy drug Keytruda and diabetes pill Januvia also benefited from slightly reduced spending on research and restructuring, even as...
Asian shares higher as China-US trade talks set to resume
BANGKOK (AP) — Shares were mostly higher in Asia on Tuesday as envoys from the U.S. and China prepared to resume trade talks, this time in Shanghai. Japan's Nikkei 225 index climbed 0.3% to 21,687.22 after the Bank of Japan opted to keep its policy intact and leave its benchmark interest rate at minus...
Booze Allen Hamilton rises; Pfizer, Cooper Tire fall
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Monday: Pfizer Inc., down $1.64 to $41.45. The pharmaceutical company's Upjohn unit will be spun off and then combine with generic drug developer Mylan. Exact Sciences Corp., down 35 cents to $117.57. The cancer diagnostics company is...
LOADING MORE STORIES
