Pfizer Stands Firm on Keeping Celebrex on Market
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Pfizer reaffirmed its commitment today to Celebrex, its blockbuster prescription medication for pain and inflammation from arthritis, despite a disclosure last week that the drug had increased
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New prescriptions for Pfizer Inc.'s  arthritis drug Celebrex fell 56 percent last week after the  company released data showing the drug may increase the risk of  heart attacks and strokes, the Wall Street Journal said.
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Pfizer Inc. says it will immediately pull advertising for its top-selling arthritis pain reliever Celebrex, whose safety was called into question last week after a study found an increased risk of heart attacks in patients taking high dosages of the drug.
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Pfizer (PFE) said Friday that it has received new information about the cardiovascular safety of its popular arthritis drug Celebrex, based on an analysis of a long-term cancer trial, but it has no plans to withdraw the drug.
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Pfizer Inc. said on Thursday its arthritis drug Celebrex is safe. Its comments followed a report in a Canadian newspaper that raised concerns the drug may have been linked to 14 deaths.
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Pfizer Inc. is indefinitely suspending all consumer advertising of its arthritis drug Celebrex, following last week&#39;s revelation of a study that showed high doses caused an increased risk of heart attacks among cancer patients.
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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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Pfizer is stopping TV and print ads for arthritis drug Celebrex now that there is evidence it could lead to heart problems. The FDA is considering warning labels for Celebrex, or taking the drug off the market.
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Users of an anti-arthritis drug linked by a study to an increased risk of heart attacks and strokes have been urged not to panic. The UK Department of Health said users of Celebrex, manufactured by US drug
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Pfizer Inc. won federal approval Friday to market the painkiller Celebrex as a treatment for the tens of thousands of children with a devastating form of arthritis.
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Pfizer Inc.&#039;s  chief executive  said on Thursday he was not leaning either way on whether the  world&#039;s top drug maker would spin-off or sell its consumer  products business.
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Some analysts are betting Pfizer Inc.  PFE.N won't have to withdraw its arthritis drug Celebrex but  they do expect sales to fall after a study of the drug in  cancer patients showed it increased the risk of heart attacks.
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U.S. patent officials have initially rejected claims for the basic patent on Pfizer Inc's blockbuster Lipitor cholesterol treatment, although the drug maker said on Monday it remained confident the patent would ultimately be upheld.
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As Pfizer&#39;s (PFE:NYSE - news - research) Celebrex safety hiccup was unfolding Friday, I had a running conversation with a fund manager.
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The FDA said yesterday the abortion pill RU-486 will remain on the market despite criticisms from opponents who want the pill banned because they say three women have died after taking it.
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Pfizer has told federal drug officials that the company's analysis of 41 of its own patient trials of the arthritis and pain drug Celebrex finds no evidence that the drug increases the risk of heart problems.
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The drug maker stops advertising Celebrex, but says it won&#39;t pull the drug from the market. Oil dips below $46 per barrel. Stocks are indicated to open higher today, but trading could be subdued this holiday-shortened week.