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Big Pharma gets a driving lesson from carmakers(Reuters) - Big drugmakers, under pressure to streamline operations in the face of rising costs and slowing sales, are looking to the automotive industry for tips on tuning up their profit engines.2011/12/15
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GSK subsidiary charged with fraudStiefel Laboratories, a subsidiary of GlaxoSmithKline, has been charged with fraud by the US Securities and Exchange Commission (SEC) after stock was repurchased at severely undervalued prices. It ha2011/12/15
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GSK unit charged with fraud by US antitrust agencyThe US Securities and Exchange Commission has charged GlaxoSmithKline's Stiefel Laboratories subsidiary and its former chief executive with defrauding employees and other shareholders by buying back s2011/12/14
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Pfizer Elects CEO Ian Read As Chairman Of The BoardTwo New Directors Elected to Pfizer Board - Marc Tessier-Lavigne, Ph.D. and Helen Hobbs, M.D. George Lorch Named Lead Independent Director NEW YORK--(BUSINESS WIRE)--Pfizer Inc. (NYSE: PFE) today2011/12/14
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Merck & Co sees growth potential in the GulfMerck & Co believes the Gulf region is an area ripe for expansion, especially the United Arab Emirates, driven by its diabetes blockbuster Januvia. The company notes that the UAE ranks second-h2011/12/13
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Reata, Abbott partner to develop and commercialize AIMs for chronic diseasesAbbott (NYSE: ABT) and Reata Pharmaceuticals today announced that they have entered into a worldwide collaboration to jointly develop and commercialize Reata's portfolio of second-generation oral anti2011/12/13
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Pfizer Settles Prempro Case After Losing $72.6 Million VerdictBy Jef Feeley and Margaret Cronin Fisk Dec. 9 (Bloomberg) -- Pfizer Inc., the world’s largest drugmaker, agreed to settle claims that its menopause drugs caused cancer in three women who won a $72.62011/12/12
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China's Cabinet approves plan to strengthen drug safetyThe State Council, or the Cabinet, on Wednesday （December 7, 2011）approved a blueprint to establish a credit rating system and intensify monitoring for pharmaceutical groups to boost the country's dru2011/12/12
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Merck to establish China research headquartersUS-based pharmaceutical major Merck & Co is planning to establish a research and development headquarters in Beijing, China, spearheading a five-year investment into research in China worth approx2011/12/9
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UPDATE 2-AstraZeneca slashes 1,150 U.S. sales jobs* Cuts represent 24 pct of U.S. sales force * Cost of $50-100 mln won't impact 2011 core EPS By Paul Sandle and Ben Hirschler LONDON, Dec 7 (Reuters) - AstraZeneca is cutting nearly a quarter2011/12/9