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The Netherlands is where nearly $1 billion from Australia was sunk into two companies liquidated three years later. Alex de Haas/flickr

Bottom of the canal: Pfizer’s billion-dollar tax ploy

Pharmaceutical giant Pfizer has engaged in a series of paper transactions to create a A$936 million loss in Australia – effectively a billion-dollar exercise in avoiding tax.
Harder times ahead for Pfizer as Viagra patents end. Flickr/kosare

End of an era for Viagra as rivals get ready to raid market

Those for whom Viagra is indispensable might be a little surprised that the ubiquitous blue, diamond-shaped pill was a chance discovery by a group of research pharmaceutical chemists at Pfizer’s research…
The Pharmacy Guild has a deal that encourages pharmacists to sign up patients to Pzifer’s support programs. Marcus Q

One wrong foot after another: the ethics of the Pharmacy Guild’s deals

First it was the Pharmacy Guild’s deal with Blackmores that raised ethical concerns. Now it’s the Guild and Pfizer. Both deals involve undisclosed payments from drug companies to Guild subsidiaries to…

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