JAN 29, 2018 8:08 AM PST

Pfizer Ends Research on Alzheimer's and Parkinson's


Pharma giant Pfizer, the maker of the blockbuster drug Viagra, announced recently that it would no longer continue to investigate medications for Parkinson's disease and Alzheimer's disease. While there has been very little progress on drugs to treat Alzheimer's related dementia and Parkinson's disease, the fact is that these two neurodegenerative conditions affect millions of patients nationwide and globally. While drug companies often are hesitant to put time and money into the development of drugs for "orphan" diseases that don't impact many patients, this move, to halt research into two conditions that are prevalent and on the rise is significant.

A statement from the company explained that the goal was to "reallocate spending across our portfolio, to focus on those areas where our pipeline and our scientific expertise is strongest." While recent political measures have allowed corporations the freedom to plow tax cuts back into research, Pfizer has chosen to take those benefits and use them to buy back stock from investors. Pfizer has indicated that they will be establishing a "Neuroscience Fund" later this year that will be strictly earmarked for research into dementia, Parkinson's and Alzheimer's, however, it's not known yet what kinds of efforts that fund will cover.
About the Author
  • I'm a writer living in the Boston area. My interests include cancer research, cardiology and neuroscience. I want to be part of using the Internet and social media to educate professionals and patients in a collaborative environment.
You May Also Like
APR 26, 2020
Space & Astronomy
APR 26, 2020
Can Planets Be Larger Than Their Host Stars?
When you look at the confines of our solar system and notice just how large the Sun is when compared to Jupiter, the lar ...
MAY 07, 2020
Chemistry & Physics
MAY 07, 2020
Your Night Light Could Be a Glowing Plant
Glowing plants light themselves up House plants are not just decorations: thanks to science, they might become a part of ...
MAY 14, 2020
Chemistry & Physics
MAY 14, 2020
Do Organic Chemists Speak an Alien Language?
Have you ever read a detergent label and got confused? Or had trouble understanding a medication recall? Certain ch ...
JUN 01, 2020
Plants & Animals
JUN 01, 2020
Sifaka Lemurs Endure Dangerous Ventures to Find Food
Sifaka lemurs exist in families of such large numbers, that even an entire cluster of massive trees isn’t fruitful ...
JUN 08, 2020
Space & Astronomy
JUN 08, 2020
Space Agencies Are Developing Novel Space Junk Cleanup Tools
There are thousands of satellites orbiting the Earth today, with some residing in Low-Earth Orbit and others following a ...
JUL 02, 2020
Chemistry & Physics
JUL 02, 2020
Carbon Nanolattices: Lighter Than (Atomic) Feathers, Tougher Than Diamonds
Carbon is known for its plentiful allotropes, such as the naturally existing graphite and diamond, as well as synthetic ...
Loading Comments...