On Friday, Shares of Pfizer Inc (NYSE:PFE), lost -1.66% to $31.36.
Pfizer’s stop-smoking drug Chantix does not raise risks of heart attack or depression, contrary to previous reports, and should be recommended to more smokers wanting to quit, scientists said on Monday. Reuters
In a study tracking 150,000 smokers in England for 6 months, researchers found that patients who took Chantix, known generically as varenicline and marketed as Champix in Europe, were no more likely to suffer a heart attack than those using nicotine replacement therapy or another quit-smoking drug.
Describing the study as an “extensive analysis” of the potential risks of Chantix, Aziz Sheikh, professor and co-director at the University of Edinburgh’s Centre for Medical Informatics, said he considered it “highly unlikely that varenicline has any noteworthy adverse effects on cardiac or mental health”. Reuters
“Regulators such as the United States Food and Drug Administration (FDA) should review its safety warning in relation to varenicline as this may be unnecessarily limiting access to this effective smoking cessation aid,” he said. Reuters
Chantix reduces both the craving for and pleasurable effects of cigarettes and is used by heavy smokers who find it difficult to quit. It is one of the biggest-selling stop-smoking drugs in the United States and Britain, and generated $647 million in revenue in 2014.
Pfizer Inc., a biopharmaceutical company, discovers, develops, manufactures, and sells healthcare products worldwide. The company operates through Global Innovative Pharmaceutical (GIP); Global Vaccines, Oncology and Consumer Healthcare (VOC); and Global Established Pharmaceutical (GEP) segments.
Shares of SunTrust Banks, Inc (NYSE:STI), declined -1.32% to $38.81, during its last trading session.
SunTrust Banks, is planned to make a presentation at the Barclays Global Financial Services Conference on Thursday, September 17, 2015.
SunTrust Banks, Inc. operates as the holding company for SunTrust Bank that provides various financial services in the United States. The company operates in three segments: Consumer Banking and Private Wealth Administration, Wholesale Banking, and Mortgage Banking. The Consumer Banking and Private Wealth Administration segment offers deposits, home equity lines and loans, credit lines, indirect auto loans, student loans, bank cards, and other lending products, in addition to various services.
Finally, Motorola Solutions Inc (NYSE:MSI), ended its last trade with 1.89% gain, and closed at $66.34.
Motorola Solutions Inc, declared that Greg Brown, chairman and chief executive officer, will speak at the Citi Global Technology Conference on Wednesday, Sept. 9, in New York.
The presentation will start at about 9:30 a.m. Eastern Daylight Time
Motorola Solutions, Inc. provides mission-critical communication infrastructure, devices, software, and services in North America, Latin America, the Asia Pacific, the Middle East, Europe, and Africa. The company operates in two segments, Products and Services. The Products segment offers a portfolio of network infrastructure, devices, accessories, and software for government, public safety and first-responder agencies, municipalities, and commercial and industrial customers.
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