Ian Read

(Newser) - Last week, Pfizer jacked up the price for several dozen prescription drugs; this week it received a dressing down from President Trump. Now, per the Wall Street Journal , the pharmaceuticals giant has responded to his criticism with a postponement on those price hikes after the company said CEO Ian Read...

(Newser) - It may seem antithetical that the largest US drugmaker taking off for Ireland would actually prove beneficial to the US, but that's exactly what the CEO of Pfizer is saying after Monday's announcement of its estimated $160 billion "inversion" deal with Allergan, creating the world's biggest...

(Newser) - Pfizer abruptly replaced its CEO and chairman yesterday, saying Jeffrey B. Kindler was retiring after 4.5 years leading the world's biggest drugmaker to "recharge." Analysts saw the unexpected departure as an ouster, however, coming amid repeated failures from Pfizer's labs to produce new, much-needed blockbuster drugs, multiple...