Move comes in as a major victory to US President Barack Obama's drive to stop tax-dodging corporate mergers
The decision by Obama administration to end the biggest tax 'inversion' ever attempted would otherwise have seen Pfizer slash its tax bill by redomiciling to Ireland where Allergan is registered
Pfizer stopped sale of cough syrups Corex and Phensedyl after govt banned over 300 fixed dose combination drugs
The court said the government had not issued Pfizer a 'show cause notice' before banning the medicine
Its brand Corex is a big contributor to revenues, but measure may reduce earnings estimate for firm
Sale of over 300 drugs' combination have been banned; HC granted relief saying they've been in business for 25 years
The stock dipped 5% to Rs 1,827 on the BSE.
India has banned over 344 drug combinations after a govt panel of experts found that they had no therapeutic justification
Global pharma giant Pfizer Inc has received a patent for invention to address the issues related to cholesterol and related disease including cardiovascular disease. The Indian Patent Office has said that the company amended its set of claims for the invention titled PCSK9 Antagonists and there were no technical and formal objections pending, and the patent application shall proceed to grant patent. The invenGlobal pharma giant Pfizer Inc has received a patent for invention to address the issues related to cholesterol and related disease including cardiovascular tion, according to the company's application, is related to therapeutic methods for use of certain antibodies and antigen-binding portions to reduce LDL-cholesterol levels and for the treatment and prevention of cardiovascular disease, including treatment of hypercholesterolemia, a situation in which the cholesterol in blood is high. The company has a PCSK9 inhibitor, under the name bococizumab/RN316, in its pipeline to be ...