Pharmaceutical industry
Pfizer Inc. has outlined its strength and excellent long-term outlook to shareholders, citing the proposed merger with Warner-Lambert as a key factor in creating a global leader with a market capitalisation of over $300 billion. The company's chairman and CEO, William C. Steere Jr., and CEO and President,
Drugs
Pfizer's latest move to pursue relief in court despite failing to present clear facts has left Warner-Lambert Company questioning the validity of their claims. In response to a complaint filed by Pfizer, Warner-Lambert emphasizes the intentional misrepresentation of the parties' standstill agreement by Pfizer. Warner-Lambert highlights the
Pharmaceutical industry
Celera Genomics, a PE Corporation business, has entered into a five-year comprehensive genomics agreement with Pfizer Inc. that includes a subscription to Celera's current database products and a collaborative gene discovery agreement. Under the terms of the agreement, Pfizer will receive access to Celera's proprietary genomic
Drugs
Warner-Lambert is gearing up to file a lawsuit to terminate its co-marketing agreement with Pfizer for the blockbuster anti-cholesterol drug Lipitor, amidst a high-stakes battle over Pfizer's unsolicited $72 billion bid. The move, which could see Warner-Lambert regain total control of Lipitor, has been deemed a high-risk strategy
Pharmaceutical industry
Pfizer, the second-largest US pharmaceuticals company, is set to launch a court move to oust the directors of Warner-Lambert in a dramatic escalation of the battle to acquire the company. The move follows an unsolicited $75 billion offer by Pfizer to acquire Warner-Lambert, which has thrown into doubt the company&
Pharmaceutical industry
As the world of business continues to evolve, several significant developments have made headlines in recent days. Warner-Lambert, a pharmaceutical company, is reviewing its Lipitor deal with Pfizer, given the latter's recent actions, and is considering terminating the agreement to enhance shareholder value. Meanwhile, Allied Waste Industries has
