Celebrex Heart Scare Sinks Stock
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News of the connection between Celebrex and increased heart risk reached Wall Street only moments before the market opened Friday.
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Shares of Pfizer Inc. dropped 11% to $25.80 on Friday, after the company said a long-term study revealed that its Celebrex painkiller drug increased the risk of heart problems.
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Shares of large U.S. and European drug makers fell on Thursday after a prominent cardiologist questioned the safety of new arthritis drugs and the performance of U.S. regulators in monitoring drug safety.
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Shares of large U.S. and European drug  makers fell on Thursday after a prominent cardiologist  questioned the safety of new arthritis drugs and the  performance of U.S. regulators in monitoring drug safety.
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NEW YORK  - Drugs giant Pfizer Inc.&#39;s stock fell on a report that new prescriptions for its blockbuster pain medication Celebrex slumped 56 percent last week.
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United States drug giant Pfizer says a trial has found a sharp rise in heart attacks for patients using its blockbuster Celebrex arthritis and pain medicine.
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Drug stocks across the board fell amid renewed safety concerns over a class of blockbuster drugs used to treat arthritis. Preprint articles published on the New England Journal of Medicine&#39;s Web site Wednesday
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NEW YORK, December 30  - New prescriptions for pharmaceutical major Pfizerâs (PFE.NYS) arthritis drug Celebrex declined 56% last week after the company revealed that the regular usage of the drug could enhance the risk of heart attacks
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Shares in US drugmaker Pfizer plunge after it halts development of its most important experimental drug.
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The storm lashing big pharmaceutical companies over safety concerns about pain treatments such as Celebrex and Vioxx may actually blow some good in the direction of biotech stocks.
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Pfizer Inc.âs disclosure of a study linking Celebrex to heart attacks, such as Merck &amp; Co.âs withdrawn Vioxx, means demand for the drugs once known as âsuper aspirin
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A clinical trial of the blockbuster arthritis drug Celebrex was shut down yesterday after researchers found an increase in the risk of serious heart disease and strokes in those taking the
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Pfizer Inc. said today that it had found an increased risk of heart troubles in some people taking higher dosages of Celebrex, its popular arthritis and pain relief drug.
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Stock falls on news treatment failed a mid-stage trial, company will cease developing drug. NEW YORK  - AtheroGenics Inc.
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Shares of Merck (MRK) plunged more than 7% Monday after a report said the pharmaceutical giant apparently hid or denied evidence for years that its blockbuster arthritis drug Vioxx causes heart problems.
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New research suggests that top-selling pain reliever Celebrex does not carry the same heart attack risk as Vioxx, a similar drug pulled from the market in September because of safety concerns.
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Celebrex, the nation&#39;s leading arthritis painkiller, raises the risk of heart attack when taken at high doses, the drug&#39;s maker said yesterday in the latest blow to a class of powerful and widely promoted drugs.