INDUSTRY REPORT: Pharmaceuticals -- Pfizer to see if Celebrex ...
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Now that Merck &amp; Co. has removed its arthritis painkiller Vioxx from the market after tests found that it increased the risk of heart attacks and strokes, its rival Pfizer is taking a surprising stance.
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Pharmaceutical giant Pfizer Inc. will announce plans for a large-scale clinical trial of the ability of blockbuster drug Celebrex to prevent heart attacks and strokes in patients with cardiovascular disease, the Wall Street Journal reported on Monday.
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With the stunning recall of a popular pain medication last week and the impact it had on patients, the stock market and its manufacturer, it may be worthwhile to review how drugs get to market and how safety data are gathered.
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Pfizer Inc. said it found an increased risk of heart attacks and strokes for patients taking high dosages of its top-selling arthritis painkiller Celebrex -- the same problem that led to the withdrawal of its one-time competitor, Vioxx.
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A study of the arthritis drug Celebrex casts doubt on the company's insistence that it had no hint of the drug's potential heart and stroke risks until recently.
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NEW YORK -- Pfizer Inc. yesterday said a major trial will test whether its popular Celebrex arthritis drug increases the risk of heart attacks, as seen with Merck and Co.'s recalled Vioxx pill.
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Drugmaker Pfizer Inc. PFE.N is under  investigation by state attorneys general from New York and  Connecticut in connection with improper promotion of drugs for  uses other than those approved by U.S. regulators, Pfizer said  in a regulatory filing.
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Just weeks after Merck &amp; Co. pulled its anti-inflammatory drug Vioxx from the market, rival Celebrex, marketed by Pfizer Inc. , is mounting a wide-scale, consumer-oriented ad campaign to get people to ask their doctors about the drug.
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We have today been informed of new clinical trial data for celecoxib (Celebrex), showing an increased risk of heart attack, stroke and death (relative to placebo).
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Pfizer faces big trouble after confirming that Celebrex is linked to heightened cardiac risk. It &quot;can&#39;t win,&quot; says one analyst.
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Pfizer reaffirmed its commitment today to Celebrex, its blockbuster prescription medication for pain and inflammation from arthritis.
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Description: Pfizer says a study found an increased risk of heart problems with the painkiller Celebrex. The news comes after another painkiller, Vioxx, was withdrawn from the market.
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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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Pharmaceutical giant Pfizer Inc. has acknowledged that a 1999 study found Alzheimer's patients taking the pain killer Celebrex were up to four times more likely to have cardiovascular risk factors than those taking a placebo.
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U.S. health officials urged doctors  on Friday to consider prescribing alternatives to Pfizer Inc.'s   arthritis drug Celebrex while regulators weigh new data on  heart risks.
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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. and Canadian health officials moved Thursday to answer concerns over the painkiller Celebrex after a news report raised safety questions about the drug.