Pfizer also has a licensing deal in place with Aurobindo which grants the former access to a variety of oral solid generic products.

Pfizer Pharmaceuticals purchased a portion of the Oak Street Connector right-of-way, and built a US $ 35 million research facility.

Following the completion of the Pfizer research facility in 2005, New Haven Mayor John DeStefano, Jr. and several leaders of local civic groups began pushing the Connecticut Department of Transportation to study removing the existing Oak Street Connector and replace it with a four-lane landscaped boulevard with access to local streets and businesses.

Pfizer is named after German-American cousins Charles Pfizer and Charles Erhart ( originally from Ludwigsburg, Germany ) who launched a fine chemicals business, Charles Pfizer and Company, from a building at the intersection of Harrison Avenue and Bartlett Street in Williamsburg, Brooklyn in 1849.

Pfizer continued to buy property to expand its lab and factory on the block bounded by Bartlett Street ; Harrison Avenue ; Gerry Street ; and Flushing Avenue.

On January 26, 2009, after more than a year of talks between the two companies, Pfizer agreed to buy pharmaceuticals rival Wyeth for a combined US $ 68 billion in cash, shares and loans, including some US $ 22. 5 billion lent by five major Wall Street banks.

On September 1, 2011 Pfizer announced that it had agreed to a 10-year lease of more than 180, 000 square feet of research space from MIT in a building to be constructed at 610 Main Street South, just north of the MIT campus in Cambridge, Massachusetts, US.

He moved the site from the ' Watering Gates ' to its present location and redirected the high road from Buckley's Cross ( Roundabout at Pfizer ) to the new bridge, and continuing as what is today Main Street and Edward Street to the turnpike at Gandogue Lane ( behind Credit Union ).

Pfizer then began making copies of the prototype, calling it the " 200FS " ( FS meaning Fast Scan ), which were selling as fast as they could make them.

In Canada, Pfizer moved to block sales of Cialis five months after it was approved there, arguing that there could be consumer backlash against Pfizer should Cialis be pulled from the market months later as a result of an ongoing patent lawsuit.

Pfizer, Inc. challenged the trademark stating that " Procarin " could be confused with their medication, Procardia.

Pfizer described in an SEC filing that the drug could be used to treat epilepsy, post-herpetic neuralgia, diabetic peripheral neuropathy and fibromyalgia.

Pfizer has hired customs and narcotics experts from all over the globe to track down fakes and assemble evidence that can be used to pursue civil suits for trademark infringement.

In 2012 Pfizer announced its plan to spin-off its Animal Health group, to be called Zoetis.

Pfizer subsequently announced that it would maintain a significant presence at Sandwich, with around 650 staff continuing to be based at the site.

On February 1, 2011 Pfizer announced that the entire research and development facility at Sandwich would be closed within 18 – 24 months, with a loss of 2, 400 jobs.

In November, 2009, Pfizer, which was to be the primary beneficiary of the redevelopment, announced that they instead are closing their facility adjacent to the site and moving those operations across the Thames River to their site in Groton.

The brand-name form of sertraline, Zoloft, was advertised to consumers by Pfizer using the following wording: " While the cause is unknown, depression may be related to an imbalance of natural chemicals between nerve cells in the brain.

Daniel L. Simmons of Brigham Young University, who discovered the COX-2 enzyme, is suing Pfizer to be credited with discovery of the technique in 1989 that eventually led to the drug, and for $ 1 billion USD.

A Pfizer representative in South Africa stated that if diluted, it can be used as a vaginal douche, although the safety of this has not been fully ascertained.

Certain pharmaceutical companies such as Pfizer continue to promote drugs like Zoloft with advertisements asserting that mental illness may be due to chemical imbalances in the brain, and that their drugs work to " correct " this imbalance.

* FDA advisors have recommended that Pfizer be required to place a boxed warning on their non-steroidal anti-inflammatory drug Celebrex ( celecoxib ) for cardiovascular and gastrointestinal risks.

Pfizer illegally promoted the drugs and caused false claims to be submitted to government healthcare programs for uses that were not approved by the U. S. Food and Drug Administration ( FDA ).

Of the Pfizer line of products, the Nicotrol inhaler and nasal spray are the only two products that appear to still be in production.

On December 10, 2010 Pfizer announced it would be withdrawing sitaxentan worldwide ( both from marketing and from all clinical study use ), citing that it is a cause of fatal liver damage.

Results were not meeting expectations, however, for the subsidiary was reported to be on the block in 1974 for possibly as little as $ 20 million — less than Pfizer had paid a decade earlier.

Originally available in 1984, it is marketed by Pfizer under the brand name Glucotrol in the USA, where Pfizer sells Glucotrol in doses of 5 and 10 milligrams and Glucotrol XL ( an extended release form of glipizide ) in doses of 2. 5, 5, and 10 milligrams.

Pfizer, Inc. () is an American multinational pharmaceutical corporation headquartered in New York City, and with its research headquarters in Groton, Connecticut, United States.

That facility was used by Pfizer until 2005, when Pfizer closed its original plant along with several others.

Pfizer established its original administrative headquarters at 81 Maiden Lane in Manhattan.

Following the success of penicillin production in the 1940s, penicillin became very inexpensive and Pfizer made very little profit for its efforts.

To augment its research in fermentation technology, Pfizer began a program to discover drugs through chemical synthesis.

A July 2010 article in BusinessWeek reported that Pfizer was seeing more success in its battle against makers of counterfeit prescription drugs by pursuing civil lawsuits rather than criminal prosecution.

In April 2011 Pfizer agreed to sell its Capsugel unit, the world's largest maker of hard capsules, for about $ 2. 38 billion to the private equity firm KKR & Co.

On June 26, 2006, Pfizer announced that it would sell its Consumer Healthcare unit ( manufacturer of Listerine, Nicorette, Visine, Sudafed and Neosporin ) to Johnson & Johnson for $ 16. 6 billion.

The space will house Pfizer ’ s Cardiovascular, Metabolic and Endocrine Disease Research Unit and its Neuroscience Research Unit — and Pfizer anticipates moving into the space once it is completed in late 2013.

Pharmaceutical giant Pfizer has its European Manufacturing base in Newbridge, with another plant in nearby Newcastle in County Dublin.

The Pfizer Plant Research Laboratory, built with funding from the National Oceanic and Atmospheric Administration, New York State and New York City, and named for its largest private donor, is a major new research institution at the Garden that opened in 2006.

However, Pfizer maintains that the illegal activity originated in 1996, well before it acquired Parke-Davis ( through its acquisition of Warner-Lambert ) in 2000.

German immigrant, chemist Charles Pfizer founded Pfizer Pharmaceutical in Williamsburg, and the company maintained an industrial plant in the neighborhood through 2007, although its headquarters were moved to Manhattan in the 1960s.

On September 2, 2009, the United States Department of Justice fined Pfizer $ 2. 3 billion after one of its subsidiaries, Pharmacia & UpJohn Company, pled guilty to marketing four drugs including Bextra " with the intent to defraud or mislead.

Donepezil, marketed under the trade name Aricept by its developer Eisai and partner Pfizer, is a centrally acting reversible acetylcholinesterase inhibitor.

At the time, Pfizer was preparing to release its drug Chantix ( Varenicline ) into the Middle Eastern market.

In late 2004, Pfizer publicly disclosed its plans to make available a new over-the-counter product, Sudafed PE, which does not include pseudoephedrine.