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Business Briefing / Pharmaceuticals

Pfizer is halting work on 2 drugs

February 25, 2009|Times Wire Reports

Pfizer Inc. said it was ending development of two medicines that had been in final human testing to shift funding and staff to other experimental drugs with more potential.

The world's biggest drug maker said it decided to halt more testing of compounds to treat fibromyalgia and generalized anxiety disorder after reviewing its existing and experimental primary-care drugs. Neither compound had been seen as a likely blockbuster because other drugs to treat those conditions already are on the market.

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