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Investors Ignore Pfizer Birth Control Recall, Shares End Higher

Pfizer, the world's biggest drug company, appeared Wednesday to have escaped negative investor reaction after announcing a recall of birth-control pills, with stock prices fluctuating throughout the trading session before closing up 13 cents to $21.31.
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One Million Birth Control Pills Packets Recalled by Pfizer

Pfizer said on Tuesday one million packets of birth control pills are being recalled in the U.S. because they weren't made with enough contraceptive to prevent pregnancy. Pfizer learned that the packets either contained too many active tablets or too few -- prompting the massive recall. The problem was caused by mechanical and visual inspection failures on the packaging line, according to The Associated Press.
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Wall Street dips on weak economic data

Stocks edged lower on Tuesday after a batch of weaker-than-expected economic reports gave investors reason to pause after strong gains in world equity markets.
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Wall Street sags as data weighs

Stocks fell on Tuesday as optimism over a possible deal by Greece in its debt wrangling dissipated after a batch of weaker-than-expected economic reports.
View of Belgian headquarters of US pharmaceutical giant Pfizer in Brussels

Generics Take Toll on Pfizer, Lilly Profits

Competition from low-cost generic drugs squeezed quarterly profits at Pfizer Inc. and Eli Lilly & Co. but the drugmakers were able to somewhat weather those declines with help from other medicines.
A view of the Belgian headquarters of U.S. pharmaceutical giant Pfizer

Pfizer 4Q Revenues Down, Profits Still Up

Pfizer remained profitable despite a reported drop in quarterly earnings, beating analysts' dire predictions of lost revenue to generic versions of its best-selling drug Lipitor through its non-pharmaceutical units and cost cutting.
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Pfizer trims 2012 view, citing stronger dollar

Pfizer Inc reported sharply lower quarterly earnings, hurt by generic forms of its Lipitor cholesterol drug, and the company trimmed its 2012 forecasts because of negative effects of the stronger dollar.
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Big Pharma Donates Drugs for Neglected Diseases

The world's major pharmaceutical companies joined forces with governments and leading global health organizations Monday to donate drugs and scientific know-how to help control or wipe out 10 neglected tropical diseases by 2020.
Despite costly efforts, no drug has yet been found that can keep Alzheimer's disease from progressing. Some researchers fear drug companies will give up entirely.

Alzheimer's Disease Drug by 2025: Is This Goal Too Ambitious?

The U.S. government has set a deadline of 2025 for finding an effective way to treat or prevent Alzheimer's disease, an ambitious target considering there is no cure on the horizon and one that sets a firm deadline unlike previous campaigns against cancer or AIDS.
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SOPA Blackout: Wikipedia Traffic Increased During Protest

Wikipedia's blackout Wednesday in protest against the controversial SOPA and PIPA shocked and affected people who strive for free and open knowledge online. However, the blackout didn't affect the traffic to Wikipedia as the gawkers clicked the site so many times that the Web site saw an unexpected boost in traffic.
An employee prepares food for mothers using traditional Chinese medicine at the CareBay maternity care centre in Shanghai December 23, 2011.

China Seeks to Unlock Secrets of Herbs, Roots

Chinese legends have long extolled the benefits of the Tian Shan Xue Lian, a rare white flower found in snowcapped mountains that is revered as a panacea, an elixir so powerful it can supposedly bring the dead back to life.

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