FIPB to take up FDI proposals of M&M, Pfizer on Friday

Last Updated: Sunday, July 22, 2012, 12:18

These two FDI proposals and 23 others are on the agenda of the FIPB which will meet on July 27, an official said.

Retailers sue Pfizer over delay in Lipitor sales

Last Updated: Saturday, July 7, 2012, 23:16

Lipitor had peak sales of nearly USD 13 billion a year several years ago.

Pfizer names Alembic, Breckenridge as co-defendants in lawsuit

Last Updated: Friday, June 29, 2012, 14:13

Alembic Pharma today said Pfizer has filed a lawsuit against it and US firm Breckenridge Pharma for their move to market generic tablets for treating depression.

Pfizer appoints Aijaz Tobaccowalla as India Managing Director

Last Updated: Thursday, June 28, 2012, 20:52

Drug firm Pfizer Ltd, the Indian arm of global major Pfizer Inc, on Thursday said it has appointed Aijaz Tobaccowalla as the Managing Director to replace Kewal Handa, who had earlier this year announced his intention to retire in August 2012.

Govt defers decision on M&M, Pfizer FDI applications

Last Updated: Tuesday, June 26, 2012, 15:40

However, a proposal from Vedanta Group company Sesa Goa was approved by the Foreign Investment Promotion Board (FIPB), the nodal agency for clearing applications for foreign direct investment (FDI) into the country.

Pharma firms sell common drugs at 10 times the cost: MCA

Last Updated: Friday, June 15, 2012, 14:28

Leading pharma companies, including GlaxoSmithkline, Pfizer and Ranbaxy, sell commonly used drugs at a rate 10 times the cost of production, a study by the Corporate Affairs Ministry has found.

Pfizer posts net profit Rs 48.10 cr in Q4 FY12

Last Updated: Monday, May 21, 2012, 20:04

Pharma major Pfizer Ltd Monday said it has registered net profit of Rs 48.10 crore in the quarter ended March 2012 as against Rs 63.14 crore during the four-month period ended March 2011.

Nestle to buy Pfizer's infant nutrition biz for $11.85 bn

Last Updated: Monday, April 23, 2012, 12:06

Nestle on Monday said it has agreed to acquire Pfizer Inc' infant nutrition business for USD 11.85 billion, a move that will enhance Swiss food giant's position in emerging markets.

Pfizer nears $9 bn deal with Nestle: Report

Last Updated: Wednesday, April 18, 2012, 16:08

US pharmaceutical giant Pfizer is close to reaching a USD 9 billion deal to sell its infant nutrition business to Nestle.

Pfizer completes sale of animal health division to subsidiary

Last Updated: Tuesday, April 3, 2012, 15:44

The shareholders of the company have by postal ballot approved the sale with requisite majority on March 26, 2012, Pfizer said in a filing to the BSE.

Biocon-Pfizer $350 mn deal scrapped, shares hit 52-week low

Last Updated: Tuesday, March 13, 2012, 11:50

Biocon and US drug major Pfizer on Tuesday called off USD 350 million global alliance to commercialise the Bangalore-based firm's biosimilar versions of insulin and insulin analog products.