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Premium Content Pfizer gets $1.38B patent settlement

 June 13, 2013

Pfizer Inc. will receive about $1.38 billion in a settlement with Teva Pharmaceuticals Industries Ltd. and Sun Pharmaceutical Industries Ltd. over a nearly decade-old patent case, the company said Wednesday.

The total settlement, to be...

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Premium Content Former Pfizer workers eligible for federal benefits

 June 13, 2013

About 20 former Pfizer Inc. employees and contractors in Groton have been certified as eligible for federal benefits because their jobs were sent overseas, the state Department of Labor said Wednesday.

Workers associated with Pfizer's...

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Premium Content More Pfizer jobs go overseas

 June 12, 2013

About 20 former Pfizer Inc. employees and contractors in Groton have been certified as eligible for federal benefits because their jobs were sent overseas, the state Department of Labor said today.

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Premium Content Pfizer shares $2.15 billion patent settlement

 June 12, 2013

Pfizer Inc. announced today that it will receive about $1.38 billion in a settlement with Teva Pharmaceuticals Industries Ltd. and Sun Pharmaceutical Industries Ltd. over a nearly decade-old patent case.

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Premium Content PFIZER IN PARTNERSHIP FOR CANCER RESEARCH

 June 8, 2013

Pfizer Inc. is partnering with a San Francisco firm to discover next-generation cancer treatments.

The drug-industry blog FiercePharma reported this week that Pfizer has agreed to pay CytomX Therapeutics $25 million up front and as much as...

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Premium Content Pfizer expands drug deal with UCSF

 June 5, 2013

PFIZER, UNIVERSITY

EXPAND PARTNERSHIP

Pfizer Inc. has expanded a drug-development partnership with the University of California at San Francisco.

According to UCSF, the expansion of Pfizer's Centers for Therapeutic...

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Premium Content Genomic lab lures Harvard researcher

 May 24, 2013

A Harvard University genetics expert has been named director of Farmington's Jackson Laboratory for Genomic Medicine.
World-renowned scientist Charles Lee, best known for a genetic discovery involving...

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Premium Content Pfizer announces community grants

 May 23, 2013

Pfizer Inc. announced this week that its Groton laboratories will be supporting 30 organizations in southeastern Connecticut, New Haven and Rhode Island through its competitive grants program.

Organizations can apply online for the...

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Premium Content Pfizer closing Irish plant

 May 18, 2013

Pfizer Inc. has announced the closure of an Irish production plant that will lead to 136 job cuts.

The New York-based drug giant said the closure of its Little Island manufacturing plant in Cork was the result of "changing global demand"...

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Premium Content Feds offer more benefits to 390 laid-off Pfizer workers

 May 17, 2013

Nearly 400 former workers at Pfizer Inc., including some who were working at the Groton laboratories as contractors for ExecuPharm Inc., have been told they qualify for federal benefits after their jobs were moved overseas.

The U.S.

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Premium Content Quarterly sends Amarin stock soaring

 May 11, 2013

Dublin-based biotech Amarin Corp. plc's stock took a ride upward Friday, one day after releasing first-quarter financial results that gave an early glimpse of how sales of its newly approved heart medication, Vascepa, are proceeding.

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Premium Content Drugs falling out of patent mean savings

 May 10, 2013

As more top-selling drugs went off patent in 2012, Americans for the first time in decades spent less money on medicines than they had the previous year.
The New York-based IMS Institute for Healthcare...

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Premium Content Pfizer R&D webcast today

 May 10, 2013

Pfizer Inc. is inviting investors and the public to attend a webcast at 11 a.m. today in which Mikael Dolsten, president of its research-and-development division worldwide, speaks during the Morgan Stanley 2013 R&D Seminar called Reigniting...

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Premium Content Amarin managers to discuss finances

 May 8, 2013

Senior managers of Amarin Corp. plc, a biotech company with research headquarters in Groton, will discuss the company's first-quarter financial results at 4:30 p.m. Thursday during a conference call.

To participate in the call, dial...

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Premium Content Pfizer's first-quarter revenues disappoint

 May 1, 2013

New drugs spurred along by research at Pfizer Inc. laboratories in Groton couldn't provide enough lift to make up for losses in the company's established portfolio as the firm announced disappointing first-quarter financial results...

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Premium Content Pfizer and Merck partner to develop diabetes drug

 April 30, 2013

Drug giant Pfizer Inc. has joined forces with competitor Merck & Co. Inc. to co-develop a new medicine for patients with type 2 diabetes, the companies announced Monday.

Pfizer, which has a research-and-development site in Groton, currently...

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Premium Content Pfizer’s first-quarter results disappoint Wall Street

 April 30, 2013

Pfizer Inc. reported disappointing first-quarter financial results this morning, with dramatically increased profits failing to mask weaknesses in pharmaceutical sales.

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Premium Content Pfizer declares 24-cent dividend

 April 27, 2013

The board of directors of Pfizer Inc. declared Thursday a 24-cent second-quarter 2013 dividend on the company's common stock, payable June 4 to shareholders of record at the close of business on May 10.

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Europe rejects Pfizer arthritis drug

 April 27, 2013

Pfizer Inc. said Thursday that the European Union's committee of medical experts has rejected the company's drug Xeljanz for patients with rheumatoid arthritis.
The European Medicines Agency committee...

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Premium Content Amarin gets renewed drug application

 April 24, 2013

Amarin Corp. plc, the Irish drug company with research headquarters in Groton, announced Tuesday that U.S. regulators have agreed to review its fish-oil medication Vascepa for an expanded group of patients not covered by similar prescription...

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