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Production of Torcetrapib was halted after people died in the study. Mia Lee reports.
2 years ago
CBS (cbs2 - Los Angeles)
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(90 sec.) Shares of drugmaker fall after it abandons cholesterol drug; Bank of New York, Mellon to merge.
1m 30s |
2 years ago
Forbes
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Dec. 4 - European drug companies gain ground after Pfizer drops development of key cholesterol treatment.
2 years ago
Reuters
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Jeffrey Kindler reacts to failure of cholesterol drug
2 years ago
NEWS.com.au (Australia)
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Pfizer pulls plug on new cholesterol treatment
2m 41s |
2 years ago
CBC.ca
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Dec 4 - Now that Pfizer has pulled the plug on Torcetrapib, it may be a tougher road for other cholesterol drugs. Pfizer's cholesterol drug was one of several being developed that would serve two purposes: 1) to lower bad cholesterol, which forms plaque in the arteries, making it more likely a person will have a heart attack and 2) boost good cholesterol, which makes it more difficult for bad cholesterol to form plaque. Sasha Salama reports. FEATURED SPEAKER:Tony Butler, Senior pharmaceutical analyst with Lehman Brothers. *Lehman Brothers Inc. or an affiliate has received compensation for investment banking services from Pfizer (PFE) within the past 12 months. One of the analysts on the coverage team (or a member of his or her household) owns shares of the common stock of Pfizer (PFE). Lehman Brothers Inc. has received non-investment banking related compensation from Pfizer (PFE) within the last 12 months. Pfizer (PFE) is or during the past 12 months has been an investment banking client of Lehman Brothers Inc. and/or an affiliate. Pfizer (PFE) is or during the last 12 months has been a non-investment banking client (securities related services) of Lehman Brothers Inc.
2 years ago
Reuters
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