Monoclonal expand into neural disorders
Article Abstract:
Pfizer acquired Rinat Neuroscience in deal worth $500 million approximately in April 2006, which demonstrates the increased interest in monoclonal in new indications, such as central nervous system (CNS) disorders. Pfizer was drawn to Rinat's two of its most advanced monoclonal antibodies that include the RN624 that treats pain by shutting down nerve growth factor (NGF) and RN1219 that clears Alzheimer-causing plaque from the brains of mice, but yet has to enter human trials.
Publication Name: Nature Biotechnology
Subject: Business
ISSN: 1087-0156
Year: 2006
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Incretin mimetics vie for slice of type 2 diabetes market
Article Abstract:
New York-based Pfizer has acquired BioRexis Pharmaceutical in order to accomplish further developments in the growing worldwide market in diabetes. Many pharmaceutical and biotech companies are trying to develop long-acting agonists of glucagon-like peptide 1 (GLP-1) mimetics as key components of drug regimens, as it reduces the necessity for insulin injection.
Publication Name: Nature Biotechnology
Subject: Business
ISSN: 1087-0156
Year: 2007
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Ann Arbor community rallies in wake of Pfizer shutdown
Article Abstract:
The impact of Pfizer shutting down its research facility in Ann Arbor, Michigan, on its employees is discussed. Many startups are initiated by Pfizer's scientists since the closure announcement in January 2007 and many other outside companies are contemplating about starting research operations in Ann Arbor.
Publication Name: Nature Biotechnology
Subject: Business
ISSN: 1087-0156
Year: 2007
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