Pharmaceutical Giant Pfizer Pulls Plug On Alzheimer's And Parkinson's Drug Research

WorldNews Wednesday, 10 January 2018 ()
Pharmaceutical Giant Pfizer Pulls Plug On Alzheimer's And Parkinson's Drug ResearchPfizer, one of the world’s biggest pharmaceutical giants, is going to ditch their research efforts into new drugs to fight against Alzheimer’s disease and Parkinson’s disease. Pfizer justified the move by claiming it will help them "bring meaningful new therapies to market, and will bring the most value for shareholders and patients." "As a result of a recent comprehensive review, we have made the decision to...
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Source: Wochit News - < > Embed
News video: Pfizer Ends Research for New Alzheimer's, Parkinson's Drugs

Pfizer Ends Research for New Alzheimer's, Parkinson's Drugs 00:45

NEW YORK (Reuters) - Pfizer Inc (PFE.N) is abandoning research to find new drugs aimed at treating Alzheimer’s and Parkinson’s disease, the U.S. pharmaceutical company announced on Saturday. The company said it expects to eliminate 300 positions from the neuroscience discovery and early...