May 19 Watch News Wrap: Credit Suisse enters plea deal in tax evasion case By PBS News Hour In our news wrap Monday, banking giant Credit Suisse admitted to helping wealthy Americans dodge taxes as part of a federal plea deal. The bank will pay $2.8 billion in penalties. Also, the Balkans suffered the worst flooding in more… Continue watching
May 03 Watch Pfizer-AstraZeneca deal could impact drug development By PBS News Hour Pfizer made a $106 billion bid for the British drug maker AstraZeneca this week in a move that was potentially motivated by lower corporate tax rates overseas. The deal could also affect the development of new drugs. Hari Sreenivasan speaks… Continue watching
Sep 02 Pfizer Settles $2.3 Billion Suit for Illegal Marketing The Department of Justice announced Wednesday that drugmaker Pfizer will pay the government $2.3 billion for illegally marketing the anti-inflammatory drug Bextra, the largest health care lawsuit settlement in the department's history. Continue reading
Sep 02 Watch Pfizer Settles Unlawful Marketing Case for $2.3 Billion Pfizer Inc., the world's largest drugmaker, agreed to plead guilty under a $2.3 billion federal settlement over unlawful marketing of the anti-inflammatory drug Bextra. Ray Suarez reports on the record fine. Continue watching
Mar 09 Merck/Schering-Plough Merger Would Create Second-Largest Drug Company By PBS News Hour Two major pharmaceutical companies announced plans to merge Monday in a $41.1 billion cash-and-stock deal to form the world's second-largest prescription drug maker. Continue reading
Jan 26 Drug Giant Pfizer to Acquire Wyeth in $68 Billion Deal By PBS News Hour The world's largest drug maker, Pfizer Inc., announced Monday it is acquiring rival company Wyeth for about $68 billion, in the largest pharmaceutical sector takeover since 2000. Continue reading
Feb 07 Watch Lipitor TV Spots Raise Debate Over Advertising Practices A House Committee is exploring whether ads for the cholesterol drug Lipitor mislead the public because spokesman Dr. Robert Jarvik is not licensed to practice medicine and used a stunt double in a scene that portrays him rowing. Representatives of… Continue watching
Aug 07 Pfizer Cracks Down on Drug Reimportation Less than two weeks after the House passed a bill that would let U.S. consumers buy medicine at lower prices from Canada, Pfizer moved to prevent reimportation of its drugs. Continue reading