Pfizer Shrinks Its Drug Pipeline Amid R&D Cuts

by | Mar 1, 2011 | Towing

In an update Tuesday, Pfizer said it is discontinuing 15 of the projects in its development pipeline. The news comes a month after the world’s largest pharmaceutical company announced large research and development cuts were on…

Novartis Discontinues Two Drug Development Programs

by | Oct 5, 2010 | Towing

Swiss pharmaceutical company Novartis announced Tuesday that it had discontinued the development of two drugs — the hepatitis C treatment Zalbin, and antifungal agent Mycograb. The company will take impairment charges of appro…