These 2 Pharma Giants Explain Critical New Developments

The Dow is up 0.28 percent Thursday and currently stands at 12,871. These stocks are a part of the rally.

Pfizer Inc. (NYSE:PFE) is abandoning its cholesterol-fighting drug Lipitor because more generic versions will soon be going on sale following the expiration of its patent, after spending more than $87 million in brand marketing this year, says the Wall Street Journal.

Johnson & Johnson’s (NYSE:JNJ) Biosense Webster introduces the new THERMOCOOL SF NAV irrigated ablation catheter with Curve Visualization in the U.S. The catheter with curve visualization joins Biosense Webster’s latest porous tip tech with the visualization of the CARTO3 3D Mapping & Ablation System, which was designed to decrease fluoroscopy exposure to physicians, lab staff and patients alike, enhance visualization of the ablation catheters orientation and improve procedural efficiency.

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