Drugmakers Suffer Declining Profits Due To Generic Competition
Pfizer Inc. (PFE) and rival U.S. drugmakers are poised to report the industry's biggest drop in quarterly profit in more than four years as the compan...
Pfizer Inc. (PFE) and rival U.S. drugmakers are poised to report the industry's biggest drop in quarterly profit in more than four years as the compan...
AP | Posted 05.25.2011
LOS ANGELES — California has joined a whistleblower lawsuit that claims Bristol-Myers Squibb Co. bribed doctors to prescribe its drugs, costing insu...
Bloomberg | David Evans | Posted 05.25.2011
Pfizer and Lilly lead a parade of U.S. companies that have paid $7 billion in penalties after promoting drugs for uses not approved by the FDA. This u...
BBC News | Posted 05.25.2011
US drugmaker Bristol-Myers Squibb says it will cut its 43,000-strong workforce by 10% and close half of its 27 manufacturing plants to save $1.5bn. T...
Wall Street Journal | SCOTT HENSLEY | Posted 05.25.2011
The Food and Drug Administration is preparing to warn physicians about hazards with drugs used to enhance the diagnosis of heart problems using ultras...
CNNMoney | Posted 05.25.2011
ImClone Systems Inc. and Bristol-Myers Squibb Co. said Tuesday the drug Erbitux improved the survival rate of lung cancer patients in a late-stage stu...
Bloomberg News | Tom Randall | Posted 06.17.2011