Pfizer Going Down? Drug Development Halted on Cholesterol, Bone Health, Heart Disease
By Mike Adams, October 3, 2008 | Key concepts: Pfizer, Cholesterol drugs and Drug research
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Is Pfizer imploding? It has announced it will abandon cholesterol drug development and focus on cancer and diabetes (among other things). Does this mean the cholesterol con is over? Not quite: Other companies are happy to keep selling dangerous statin drugs to people who don't benefit from them.
From Firstwordplus.com: Pfizer announced Tuesday that the company will stop early-stage research in about 10 disease areas, as part of its plan to focus research on oncology and five other therapeutic areas. The drugmaker also provided a pipeline development update.... more
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