pfizer

  1. Celgene Q2 earnings - no further price hike in products this year

    Celgene's second quarter results beat estimates and the company lifted 2018 outlook. Celgene will not be increasing the price of its products this year. https://news.alphastreet.com/celgene-q2-2018-earnings/
  2. Lilly separates Elanco business; stock hits new yearly high

    Investors have welcomed the move of Eli Lilly's decision to separate Elanco Animal Health business. Lilly stock hits a new 52-week high after the earnings announcement. David Ricks said, "As the responses to the Blueprint are considered, we are hopeful that progress will be made on implementing...
  3. Merck joins pharma giants in lowering drug prices

    The latest pharma giant to bow to Trump’s pressure on drug price is Merck (MRK). The company announced on Thursday that it would lower price on at least six of its drug in the US by 10% or more. https://news.alphastreet.com/merck-joins-pharma-giants-in-lowering-drug-prices/
  4. Trump slams Pfizer and other drugmakers

    Trump has been speaking and tweeting about the higher drug prices for nearly two years and still he has not taken any steps in reducing the prices of the drugs. Pfizer and other pharma companies are taking advantage and increasing their drug prices often. When will this stop...
  5. Xeljanz snags FDA approval for ulcerative colitis

    Pfizer blockbuster drug Xeljanz has won itself a new regulatory approval to treat adults with inflammatory bowel disease (IBD). This recent approval will help propel the company’s sales significantly. Pfizer’s Xeljanz is the first and only JAK inhibitor that obtained the FDA’s blessing to treat...
  6. PHR question around PTO/vacation days & sustainability

    I am moving through the interview process for PHR 1 and am excited. The only thing I have reservations around are vacation days and the likelihood of layoffs. I come from a company with a generous 23days off per year with option to buy another week and 8 company holidays. I see at Pfizer it...
  7. Pfizer misses revenue expectations for Q1

    Pfizer posted a 1% improvement in revenues of $12.9 billion for the first quarter of 2018. Reported net income jumped 14% to $3.5 billion, while adjusted net income grew 11% to $4.6 billion. Reported EPS rose 15% to $0.59, while adjusted EPS grew 12% to $0.77 compared to last year. While revenue...
  8. P&G ditches Pfizer, picks Merck’s consumer health business

    After weeks of offers and speculations, a deal has finally been struck in the consumer health space, though not really in an expected manner. P&G has ditched Pfizer’s consumer health unit to buy the same business of rival Merck, which was eyed by Mylan NV. P&G was willing to pay $15 billion for...
  9. Merck, Pfizer need to jettison consumer health units before the market deteriorates

    Both Pfizer and Merck planned to dispose their consumer health businesses since they failed to return profits, dampening their efforts to innovate in other segments. However, bidders eventually lost interest in Merck’s consumer health line, even as the auction of Pfizer’s consumer health unit...
  10. And this is the next step

    P&G eyes Pfizer’s consumer business https://news.alphastreet.com/pg-eyes-pfizers-consumer-business/
  11. Viagra variant might help Pfizer revenue stand up

    All good things come to an end — and that includes Pfizer’s run with its blockbuster drug Viagra. The drugmaker’s little blue pill did help many deal with erectile dysfunctions (and then some more!) while generating billions for the company in its two decades. With no more exclusive rights to...
  12. Pfizer’s dilemma: To sell or not to sell

    Pfizer (PFE) has been contemplating on selling its consumer healthcare division for some time, and it had found two bidders - British pharmaceutical giants GlaxoSmithKline and Reckitt Benckiser. However, with Reckitt announcing its decision to back out of the race yesterday to pursue its $16.6...
  13. Will Pfizer again attempt to acquire Allergan?

    When providing the outlook for 2018, Saunders said that Allergan faces LOE losses in 2018. But still it has got good long-term prospects. Saunders says that current stock price doesn't reflect Allergan's true value. Wall Street gives thumbs up to his speech.
  14. Lilly in the migraine drug race

    http://alph.st/bf3c0558 Lilly joins the migraine drug race with Novartis and Amgen, as FDA accepts to review Lilly's Galcanezumab. Already, Teva filed a lawsuit in October 2017, seeking to block Lilly's migraine drug to market in the U.S. The size of the migraine market is expected to more than...
  15. Brent Saunders says Allergan stock is undervalued

    Allergan swings to quarterly loss on charges related to Restasis and Teva holding. Given the Federal Court's decision, plans to mitigate the financial impact of generic competition http://alph.st/b68181eb
  16. Pfizer's subsidiary reaches an agreement with Allergan

    InnoPharma, a subsidiary of Pfizer and Allergan reaches a settlement on Restasis patent. Out of the four contestants, Mylan, Teva and Akorn are still contesting the patents in the federal court. http://alph.st/b3437240
  17. Settles with Pfizer's subsidiary on Restasis patent

    Allergan reaches a settlement with InnoPharma, a subsidiary of Pfizer on Restasis patent. Out of the four contestants, Mylan, Teva and Akorn are still contesting the patents in the federal court. http://alph.st/b3437240
  18. Pfizer & Merck to collaborate with Corning for new pharma glass manufacturing plant

    President Donald Trump announced that pharma giants Pfizer and Merck are collaborating with Gorilla Glass manufacturer Corning for manufacturing a new glass (Valor Glass), which is superior and reliable for the delivery of injectable drugs. Corning is planning to invest $500MM creating 1,000...
  19. Merck, Pfizer to collaborate with Corning for new pharma glass maufacturing

    President Trump announced that pharma giants Merck and Pfizer are collaborating with Gorilla Glass manufacturer Corning for manufacturing a new glass (Valor Glass), which is superior and reliable for the delivery of injectable drugs. Corning is planning to invest $500MM creating 1,000 jobs...
  20. Pfizer Manufacturing Plant in Kansas--Troubles?

    Which Pfizer products are manufactured at or planned for the Kansas plant?