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…
Pfizer reported fourth-quarter earnings on Tuesday that nearly quadrupled from a year ago as revenue rose 6%. But it also lowered its sales guidance for 2012, due to some of its bestselling drugs going off patent. What’s ahead …
Prestigious management consulting firm McKinsey & Co. just published Value: The Four Cornerstones of Corporate Finance, a guide to help executives create shareholder value. Lead author Tim Koller shares his thoughts with DailyF…
The conglomerate said Tuesday that it plans to invest more than $2 billion in China through 2012 in research and development, technology and financial services partnerships. The move marks GE’s “confidence in China’s long-term …
Corporate America took a tightfisted approach to its future last year, leading to an overall 3.5% decline in research and development spending at major industry titans, the first such drop in over a decade, according to a Booz …