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Pfizer net profit declines 56.11% to Rs 220.85 cr in FY14

Last Updated: Monday, May 05, 2014, 21:48

Pharma major Pfizer Ltd Monday said its net profit declined by 56.11 percent to Rs 220.85 crore in the financial year ended March 2014.

Pfizer profits fall, still hopes to buy AstraZeneca

Last Updated: Monday, May 05, 2014, 21:39

Pfizer Monday said it still hopes to enter merger talks with AstraZeneca as it reported lower earnings on an unexpectedly large drop in sales.

Pfizer sales way off mark as company pursues AstraZeneca

Last Updated: Monday, May 05, 2014, 21:21

Pfizer Inc reported quarterly revenue well below Wall Street expectations on falling sales of generic medicines, underscoring its interest in pursuing a USD 106 billion bid for rival AstraZeneca to promote new business growth.

Pfizer's sweetened $106 bn offer for AstraZeneca rejected

Last Updated: Friday, May 02, 2014, 18:35

This is the third time that AstraZeneca has rejected Pfizer's offer.

Pfizer sweetens AstraZeneca takeover bid to $106 bn

Last Updated: Friday, May 02, 2014, 09:10

Pfizer raised its blockbuster takeover bid for Britain`s AstraZeneca on Friday to USD 106 billion as the US drugs giant seeks to strengthen its research in cancer and cut its tax bill.

AstraZeneca says Pfizer offer undervalues company

Last Updated: Monday, April 28, 2014, 16:32

AstraZeneca said on Monday that an informal merger offer from US drugs giant Pfizer valuing its British rival at almost USD 100 billion "very significantly" undervalues the company.

Pfizer chasing AstraZeneca in potential $100 billion deal

Last Updated: Monday, April 28, 2014, 15:45

US drugmaker Pfizer Inc is working on its next move in a potential USD 100 billion bid battle for Britain`s AstraZeneca Plc after having two bids rejected, as deal-making grips the healthcare industry.

Pfizer confirms desire to buy AstraZeneca

Last Updated: Monday, April 28, 2014, 12:21

US drugmaker Pfizer made a bid approach to AstraZeneca in January and contacted its British rival again on April 26 seeking to renew discussions about a takeover, the US firm said on Monday.

Ranbaxy gets Health Canada nod for generic anti-dementia drug

Last Updated: Wednesday, January 08, 2014, 19:13

Drug maker Ranbaxy Laboratories today announced receipt of approval from Health Canada to sell generic version of Pfizer's Aricept, a drug used for treatment of dementia in Alzheimer's patients.

Pfizer, Wyeth shares zoom after merger deal

Last Updated: Monday, November 25, 2013, 20:48

Wyeth shares zoomed 13.6 percent to settle at Rs 924.80 on the BSE after climbing as much as 19.99 percent during the day.

Pfizer, Wyeth to merge under single brand

Last Updated: Saturday, November 23, 2013, 20:02

The Board of Directors of Pfizer Ltd and Wyeth Ltd, in their respective meetings today, approved a proposal to merge Wyeth India with Pfizer India, Pfizer said in a statement.

Sun Pharma to pay Rs 2,517 cr to settle patent suit

Last Updated: Sunday, August 11, 2013, 14:49

Drug firm Sun Pharmaceutical Industries has said it will pay its dues of Rs 2,517.41 crore soon as part of settlement agreement with Wyeth (now a division of Pfizer Inc.) and Altana Pharma AG (now known as Takeda GmbH).