Bigul

Resignation of Managing Director

With reference to the earlier letter dated June 05, 2015, the Company had announced that Mr. Aijaz Tobaccowalla intends to step down from his position of Managing Director of Pfizer Limited.Pfizer Ltd has now informed BSE that Mr. Tobaccowalla has now formally resigned from the said position effective close of business on October 16, 2015....
13-10-2015

Pfizer raised prices on 133 drugs this year, and its not alone

Drug firms in the US make smaller price increases each year, a tactic used to generate more revenue from older medications
06-10-2015
Bigul

Pfizer raised prices on 133 drugs this year, and it's not alone

The issue of drug pricing has gained political importance after Turing raised the price of an old medicine to $750 a pill, from $13.50
03-10-2015
Bigul

Updates

Pfizer Ltd has now informed BSE that the Company has intimated the concerned authorities that it has withdrawn its notice dated July 15, 2015, whereby it had intended to effect closure of its plant situated at Thane Belapur Road, K.U. Bazar P. O., Navi Mumbai - 400075 ("the Plant"), as the Company has entered into a Business Transfer Agreement to sell the Plant as a going concern to Vidhi Research & Development LLP.
24-09-2015

Pfizer to sell Thane plant for Rs178 crore

All workmen at the plant will be transferred to the buyer to facilitate manufacturing operations
23-09-2015
Bigul

Updates

Pfizer Ltd has informed BSE that it has entered into a Business Transfer Agreement (BTA) for the transfer of the Company's business at the Thane Plant as a going concern to Vidhi Research and Development LLP in accordance with the terms of the agreement for a lump sum consideration of Rs. 178 crores. Upon the conclusion of the BTA, all current workmen at the Thane Plant shall be transferred to the buyer so as to facilitate manufacturing operations.
23-09-2015

India rejects patent on Pfizers arthritis drug

Pfizer sought a patent that covers an important chemical formulation of the active compound in the medicine
07-09-2015
Bigul

Pfizers stop-smoking drug Chantix not linked to depression or heart risks

Pfizer's stop-smoking drug Chantix does not raise risks of heart attack or depression, contrary to previous reports, and should be recommended to more smokers wanting to quit, scientists said on Monday.
07-09-2015
Bigul

Pfizer Completes Acquisition of Hospira

Pfizer Ltd has informed BSE that the Company has been informed by its parent company Pfizer Inc. that it has concluded its acquisition of Hospira Inc. (a Lake Forest, IL based company, previously traded on the New York Stock Exchange).A copy of the press release issued by Pfizer Inc. describing this transaction is enclosed.
04-09-2015
Bigul

Resignation of Executive Director

Pfizer Ltd has informed BSE that Dr. Lakshmi Nadkarni, Executive Director - Human Resources has resigned from the Board of the Company effective close of business hours on September 04, 2015.
03-09-2015
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