Chain founded his company as Mindset Pharmaceuticals in 1997 on a patented technology for using engineered proteins called monoclonal antibodies to remove beta amyloid protein from the brain without affecting healthy tissues. In 2001, Chain got a call...

Pfizer’s gross margins improved by nearly 150 basis points while its operating income growth exceeded expectations at 9%. Comparing these numbers with other drug giants, Merck, Eli Lilly or Bristol Myers Squibb, will highlight Pfizer’s superior...

Nestle (NSRGY.PK) leads Danone (DANOY.PK) in the race to buy Pfizer’s (NYSE:PFE) $10 billion Wyeth infant nutrition unit. The firms emerged as frontrunners following first-round bids, Reuters reports. Mead Johnson (NYSE:MJN) and Heinz (NYSE:HNZ) are...

The case is believed to be the first that declares a link between birth defects and use of the prescription drug, manufactured by Wyeth Pharmaceuticals and Pfizer, Inc. Also listed on the complaint is Wolters Kluwer Health/United States, Inc. as the...

Nestle and Danone have been tight lipped over the issue, declining even to acknowledge they are in the auction process. The world's biggest drugmaker Pfizer put its Wyeth infant nutritional business up for sale along with its animal health unit last July.

Shortly after the Rotashield vaccine was introduced, doctors noticed an increase in cases of a serious intestinal problem called intussusception , when the intestine doubles back into itself. It is fatal if not treated, sometimes with emergency surgery.