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Pfizer, the world’s largest pharmaceutical company, has declared financial results for 2011 indicating that its new products largely compensated for its loss of exclusivity on Lipitor and other ‘blockbuster’ drugs.

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The ABPI has played down any worries over the state of the UK pharmaceutical industry after AstraZeneca’s restructuring plans put jobs at risk at two plants in Cheshire.

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Shareholder group Ethos has said Novartis’ 2011 bonus payment to its chairman, Daniel Vasella, “goes too far”.

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The Royal College of General Practitioners (RCGP) has called for a complete withdrawal of the Government’s controversial Health and Social Care Bill.

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Cancer Research UK has urged NICE to consider its decision on Janssen’s Zytiga (abiraterone) for the treatment of castration-resistant metastatic prostate cancer.

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Pfizer has withdrawn approximately 1 million packs of birth control pills in the US that may contain dosage errors making their contraceptive effect unreliable. The company’s Chief Medical Officer Freda Lewis-Hall discusses Pfizer’s voluntary product recall.

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Pfizer has withdrawn approximately 1 million packs of birth control pills in the US that may contain dosage errors making their contraceptive effect unreliable.

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Revenue down by $3bn at AZ

2 February 2012

AstraZeneca saw revenue fall by around $3bn in 2011 after it faced global pricing restrictions from governments and generic competition.

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AstraZeneca will reduce its workforce by approximately 7,300 positions in new restructuring plans it hopes will strengthen the company’s commercial, operations and R&D capabilities.

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The European Medicines Agency (EMA) has approved an orphan medicinal product application for a vaccine against acute myeloid leukaemia (AML) from Dutch biotech company DCPrime.

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Medical communications consultancy Succinct Communications is joining the OPEN Health group.

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