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Pharma news

Latest Headlines

Latest Headlines

Troubled Pfizer blueprints biotech venture effort

Up to now, Pfizer's use of investment funds has followed a few narrow channels: Diagnostics, software and drug technology outfits that promised to help in their drug commercialization efforts. But

J&J makes big cuts at Alza and Scios

Two Bay area biotechs, Alza and Scios, are in line for some big layoffs as Johnson & Johnson slims down its pharma

Lilly developing biotech drugs the old-fashioned way

Pharma's biotech strategy is pretty clear: Buy companies or license in drugs and technology to get a leg up in the

J&J restructures pharma unit, laying off workers

Johnson & Johnson is taking the axe to its pharma division as it chops away at up to $750 million in costs. The company says it will continue to invest in new technologies, but faces some