Pfizer

Pfizer is raising around $4.27 billion from the sale of part of its stake in consumer-healthcare business Haleon. Pfizer is raising around $4.27 billion from the sale of part of its stake in consumer-healthcare business Haleon. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their…

Nurphoto | Nurphoto | Getty ImagesPfizer is ready to move on from Covid. Now, the company is betting on cancer drugs to help it regain its footing after a rocky year marked by the rapid decline of its Covid business. It just might take a while before that bet pays off. Pfizer pitched its deeper push into oncology during a four-hour investor event last week. And it had a splashy 60-second Super Bowl ad that touted its initiative to "outdo cancer." The shift comes at a crucial time for Pfizer. The pharmaceutical giant has…

Respiratory syncytial virus vial.Manjurul | Istock | Getty ImagesPfizer's vaccine against respiratory syncytial virus maintained protection for older adults across two full seasons of the disease in an ongoing late-stage clinical trial, the company announced Thursday.The shot's efficacy declined slightly compared with the levels of protection after one RSV season, but the new data suggests that the jab generally offers durable protection for adults ages 60 and above, who are more vulnerable to severe illness from RSV. The…

President Joe Biden has a message for the right-wing conspiracy theorists who were convinced he was rigging the Super Bowl in favor of Taylor Swift’s boyfriend: The plan went off without a hitch.Is Threads a Threat to Twitter? | Future TechShortly after the Super Bowl ended on Sunday, Biden gleefully trolled those who accused him and the Democrats of running a “Taylor Swift election interference psyop.” According to the theory, Biden orchestrated the victory of the Kansas City Chiefs, where Swift’s boyfriend Travis Kelce…

Here’s one weird trick for making the most out of your next two-dose vaccine: get a shot in both arms. A recent study found evidence that a two-arm approach can noticeably, if modestly, improve the body’s immune response to covid-19 compared to two shots in the same arm. More research will be needed to confirm whether this method should become widely recommended for future vaccines, however.Alex Winter on Innovative Horror Movies Several studies have looked at the question of whether arm choice can affect the immune…

In North Carolina, “unaffiliated” voters outnumber registered Democrats who, in turn, outnumber registered Republicans — yet Republicans hold not just a slim majority, but a veto-proof one in both chambers of the state’s General Assembly. That veto-proof majority is what allowed Republicans to pass an abortion ban last year that 45 percent of North Carolina voters oppose and only 23 percent support. How is that possible? And why is it the case that Republicans have been able to wield such power, not just in North…

Pfizer on Tuesday posted a surprise adjusted fourth-quarter profit, as the company's declining Covid business performed better than expected.The company reversed roughly $3.5 billion in revenue related to the expected return of 6.5 million doses of its Covid drug, Paxlovid, from the U.S. government. That hit is less than the $4.2 billion Pfizer initially expected for the return of nearly 8 million doses of Paxlovid.Pfizer's Covid vaccine raked in $5.36 billion in revenue for the quarter, down 53% from the same period last…

The drugmaker is pulling back on some of its research programs and laying off workers after overestimating pandemic-product sales. The drugmaker is pulling back on some of its research programs and laying off workers after overestimating pandemic-product sales. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful…

Shares of Pfizer fell Wednesday after the drugmaker forecast 2024 revenue and profit below Wall Street's expectations, as it sees weak demand for its once-blockbuster Covid products. Pfizer also raised the target of its sweeping cost-cutting plan by $500 million, bringing the anticipated total to $4 billion.The company expects 2024 revenue of $58.5 billion to $61.5 billion. Wall Street had anticipated sales of $63.17 billion, based on a survey of analysts by LSEG, formerly known as Refinitiv.  Pfizer's forecast suggests…

Journal Reports: LeadershipWhat’s New in the Best Managed Companies Rankings in 2023By Rick Wartzman , and Kelly TangDecember 13, 2023 at 1:02 PM ETThe main difference: a new metric that measures how well companies foster career mobility. Journal Reports: LeadershipWhat’s New in the Best Managed Companies Rankings in 2023By Rick Wartzman , and Kelly TangDecember 13, 2023 at 1:02 PM ETThe main difference: a new metric that measures how well companies foster career mobility. FOLLOW US ON GOOGLE NEWS Read original…