Monday, January 8, 2018

Pfizer ends research for new Alzheimer's, Parkinson's drugs

You as a stroke survivor will likely need these. So start saving your pennies to fund your own researchers or create that great stroke association that will simply write RFPs to researchers to solve this and get foundation grants to pay for it. We stroke survivors are completely on our own to fix stroke. Our doctors aren't doing it, our stroke hospitals aren't doing it, our fucking failures of stroke associations certainly aren't doing it. The solutions are out there, we just need researchers to put them into translational interventions. Everyone so far is not a leader, I expect leaders to try for 100% recovery for all.

Your chances of getting Parkinsons.

Parkinson’s Disease May Have Link to Stroke March 2017

Your chances of getting dementia.

1. A documented 33% dementia chance post-stroke from an Australian study?   May 2012.
2. Then this study came out and seems to have a range from 17-66%. December 2013.
3. A 20% chance in this research.   July 2013.

Pfizer ends research for new Alzheimer's, Parkinson's drugs

NEW YORK (Reuters) - Pfizer Inc (PFE.N) is abandoning research to find new drugs aimed at treating Alzheimer’s and Parkinson’s disease, the U.S. pharmaceutical company announced on Saturday.



FILE PHOTO: The Pfizer logo is seen at their world headquarters in New York April 28, 2014. REUTERS/Andrew Kelly/File Photo
The company said it expects to eliminate 300 positions from the neuroscience discovery and early development programs in Andover and Cambridge, Massachusetts, and Groton, Connecticut, as it redistributes the money spent on research, according to the emailed statement.
Pfizer is not making any changes to research and development funding for tanezumab, which is marketed as a treatment for joint pain from osteoarthritis, fibromyalgia treatment Lyrica, or its rare disease program.
“This was an exercise to re-allocate spend across our portfolio, to focus on those areas where our pipeline, and our scientific expertise, is strongest,” the company said.

PFE.NNew York Stock Exchange
-0.32(-0.87%)

PFE.N
  • PFE.N
  • GSK.L
  • LLY.N
  • JNJ.N
Pfizer has invested heavily in research for Parkinson’s and Alzheimer‘s, and is one of several drugmakers, along with GlaxoSmithKline (GSK.L) and Eli Lilly (LLY.N), that is part of the Dementia Discovery Fund, a venture capital fund launched in 2015 by industry and government groups that seeks to develop treatments for Alzheimer‘s.
However, some of Pfizer’s investments have resulted in disappointment. In 2012, Pfizer and partner Johnson & Johnson (JNJ.N) called off additional work on the drug bapineuzumab after it failed to help patients with mild to moderate Alzheimer’s in its second round of clinical trials.
The company said on Saturday that it will launch a new venture fund to invest in neuroscience research projects.
Pfizer is expected to make a presentation on Monday at the JP Morgan healthcare conference in San Francisco, a key annual event for healthcare investors.
Reporting By Elizabeth Dilts, Editing by Rosalba O'Brien

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