Re-Cycling Em 01/18/2009
 

The world’s biggest drug maker is cleaning out its chemical compound closet and firing 800 researchers, or 8 percent of its science staff, as it focuses on developing medicines to treat cancer, brain disorders and pain, said Martin MacKay, the New York-based company’s research chief, at the J.P. Morgan Healthcare Conference in San Francisco today. Some compounds Pfizer wants to sell have been tested on humans, MacKay said.

Pfizer is halting early-stage development of medicines for heart failure, high cholesterol and obesity to focus on more- profitable diseases, the company said in September. The research cuts add to firings of 1,200 scientists last year with the closing of Pfizer’s Ann Arbor, Michigan, laboratory.

 


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