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Pfizer

Pfizer
Spencer Platt, Getty Images
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Allergan, Pfizer call off proposed $160B merger

The biggest U.S.-based drugmaker, Pfizer Inc., will stay put thanks to aggressive new Treasury Department rules that succeeded in blocking Pfizer from acquiring rival Allergan and moving to Ireland -- at least on paper -- to reduce its tax bill.

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NEW YORK, NY - NOVEMBER 12: Pfizer's corporate headquarters stand in midtown Manhattan on a morning where volunteers with Doctors Without Borders dumped $17 million in fake money outside of the building to protest high vaccine prices on November 12, 2015 in New York City. The morning action outside of the pharmaceutical giant specifically targeted high pneumonia vaccine prices. According to Doctors Without Borders the pneumonia vaccine is the world's best-selling vaccine and earns Pfizer over $17 million in sales every day. (Photo by Spencer Platt/Getty Images)
Pfizer's corporate headquarters in midtown Manhattan on November 12, 2015 in New York City. (Photo by Spencer Platt/Getty Images)
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FDA expands use of Pfizer drug for rare form of lung cancer

The Food and Drug Administration expanded approval of a Pfizer drug to treat a small subset of lung cancer patients with a rare mutation.

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Pfizer In Merger Talks With Allergan PLC
The Pfizer headquarters in New York Cityon October 29, 2015. (Photo by Spencer Platt/Getty Images)
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Pfizer, Allergan $160B deal forms world’s largest drugmaker

Pfizer, which makes the cholesterol fighter Lipitor, will keep its global operational headquarters in New York. But the drugmaker will combine with Botox-maker Allergan as a company that will be called Pfizer Plc. That company would have its legal domicile and principal executive offices in Ireland.

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Daily Antiretroviral Pill Found To Protect Healthy From AIDS Transmission
Getty Images
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Pfizer doubling patient income limit for free drug program

Pfizer, the biggest U.S.-based drugmaker, is increasing its financial assistance to patients, doubling the allowable income level for people to receive dozens of Pfizer medicines for free.

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Pfizer Pharmaceutical company logo
(Dan Kitwood - WPA Pool/Getty Images)
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Nonprescription Nexium Heatburn Medicine Launched

A nonprescription version of Nexium, the most popular medicine for frequent, severe heartburn, has just gone on sale.

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Category: Money & Business, News Tags:
JB Reed/Bloomberg/Getty Images
JB Reed/Bloomberg/Getty Images
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Pfizer Disputes Lawsuit Over Anti-Depressant Drug

The maker of Zoloft is being sued in an unusual case alleging the popular antidepressant has no more benefit than a dummy pill. The federal lawsuit, filed in California, argues that patients who took it should be reimbursed for their costs.

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Cristina Arias, Getty Images
Cristina Arias, Getty Images
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J&J, Pfizer End Development of Alzheimer’s Drug

Pfizer Inc. and Johnson & Johnson say they are ending development of a once-promising drug designed to trea Alzheimer's disease after the treatment failed in two late-stage clinical trials.

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