Tag: Pfizer

  • Lipitor Sucessor Fails!

    Pfizer, world’s largest drug maker, got hammered badly in the NYSE on Monday following the disclosure that it had pulled the plug on its “to-be” blockbuster drug, torcetrapib. The stock lost 11% of its market value and wiped out USD 21 bn off its market cap. Though some might consider this as excessive, this just…