Pfizer beats Q4 profit estimates on strong drug demand
Robust demand for its heart and oncology drugs helped achieve total sales for the quarter of US$17.56 billion Pfizer on Tuesday (Feb 3) reported fourth-quarter profit above Wall…
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Pfizer
Pfizer forecasts 2026 profit below expectations on lower Covid product sales
Pfizer has rolled out a sweeping cost reduction programme in response to the drop in Covid-19 sales Pfizer on Tuesday (Dec 16) forecast 2026 profit below Wall Street estimates as it…
Pfizer looks to sell stake in pandemic vaccine partner BioNTech
Pfizer is looking to sell its remaining stake in Covid-19 vaccine partner BioNTech, a remnant from one of the pandemic’s most lucrative collaborations. The US drugmaker is offering about…
Pfizer boosts profit view as it battles for obesity startup
Pfizer raised its 2025 profit forecast for the second time this year, as ongoing cost cuts helped make up for slow sales growth that’s driving its battle for the obesity start up Metsera.…
Pfizer sues Metsera, Novo Nordisk over rival obesity drug bid
Pfizer on Friday (Oct 31) filed a lawsuit against Metsera and Novo Nordisk, saying Metsera breached its merger agreement obligations in declaring the Danish drugmaker’s US$8.5 billion bid…
Pfizer and BioNTech lose appeal in London over Moderna COVID vaccine patent
Pfizer and its German partner BioNTech on Friday lost their bid to overturn a ruling that their COVID-19 vaccine infringed one of Moderna’s patents at London’s Court of Appeal. Last year,…
Pfizer COVID Vaccine May Lead to Vision Loss, Scientists Say
The COVID-19 vaccine by Pfizer may lead to vision loss and increase the risk of eye damage, according to a new study. The shocking discovery was made by a group of scientists in Turkey.…
GSK agrees to settle about 80,000 Zantac lawsuits for up to $2.2 billion
A drug currently sold under the name Zantac 360 uses a different active ingredient and contains no ranitidine 3 min read Last Updated : Oct 10 2024 | 10:02 AM IST GSK has agreed to pay up…
Activist investor Starboard Value takes $1 billion stake in Pfizer
Activist investor Starboard Value has taken a stake of about $1 billion in Pfizer. (Photo: Wikicommons) 2 min read Last Updated : Oct 07 2024 | 9:35 AM IST Activist investor Starboard…
Pfizer raises US$3.2 billion by selling part of Haleon stake
Pfizer increased the number of shares to 640 million from 540 million after the sale began Pfizer has raised about US$3.2 billion from the sale of Haleon shares, as it further reduces its…