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Drugmaker Elan plans to explore sale of company

2013-06-14 18:04:50| Biotech - Topix.net

Shares of Elan Corp PLC jumped Friday after the drugmaker said it will explore a possible sale of the company while its board continues to fend off a hostile takeover bid from Royalty Pharma.

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Pfizer Q1 profit up, but drugmaker cuts outlook

2013-04-30 16:16:30| Biotech - Topix.net

Pfizer Inc.'s first-quarter net income rose 53 percent despite growing generic drug competition as the world's second-largest drugmaker benefited from a gain related to a joint venture with China.

Tags: profit outlook cuts pfizer

 
 

Drugmaker Lilly plans cuts to US sales force

2013-04-12 02:21:59| Biotech - Topix.net

Eli Lilly and Co. plans to cut hundreds of workers from its U.S. sales force as the drugmaker prepares to deal with the loss of patent protection for two more top-selling drugs.

Tags: sales plans force cuts

 

Pfizer Inks Deal With Nanotechnology Drugmaker

2013-04-04 00:30:29| Biotech - Topix.net

BIND Therapeutics said Wednesday that Pfizer Inc. has agreed to pay it $160 million per drug as part of a collaboration to develop targeted medicines using nanotechnology which use particles measured in billionths of a meter.

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Merck research head Kim leaving drugmaker; former executive at Merck, Amgen to take over

2013-03-07 22:43:29| Biotech - Topix.net

The world's third-biggest drugmaker by revenue says Dr. Roger Perlmutter, a former research executive at Merck and Amgen Inc., will begin running Merck Research Laboratories on April 15.

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