Pfizer profits drop as it adapts to lower Covid-19 revenues ...Middle East

NEW YORK: Pfizer reported a drop in first-quarter profits Tuesday on declining Covid-19 vaccine revenues, but said it was on track for a heavy series of product launches later in 2023.Shares of the pharma giant edged higher as Pfizer Chief Executive Officer Albert Bourla touted an “unprecedented” number of new launches to help offset an ebbing of Covid-19-related sales that have boosted profits in recent years.These include the migraine drug Zavzpret and the Prevnar pneumonia vaccine for children. Pfizer is also targeting growth in cancer treatments, having announced in March an acquisition of biotech company Seagen for $43 billion.Bourla said integration planning for Seagen is underway and

Hence then, the article about pfizer profits drop as it adapts to lower covid 19 revenues was published today ( Tuesday 02/05/2023 - 04:45 PM ) and is available on Daily Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Pfizer profits drop as it adapts to lower Covid-19 revenues )

Last updated : 02 May 2023 clock 04:45 PM

Also on site :

Pfizer profits drop as it adapts to lower Covid-19 revenues ...Middle East

Patriots star Stefon Diggs charged with assault and strangulation

Arrest of former Sa’sa Branch chief under the previous regime

Crew Paints Russian Flag on Oil Tanker Pursued by the U.S. Coast Guard

Latest Roblox Rivals codes: Free keys, crystals & more

NASA’s New Chief Finds Loophole for Texas Shuttle Switcheroo

What Happened To Ruby Franke's Husband? How the YouTuber's Child-Abuse Scandal Destroyed Their Marriage

Tesla broadcasts downbeat sales estimates in unusual move

National Grid giving out dry ice and bottled water in Genesee County Tuesday

Call the Midwife season 15 first-look images preview women's liberation march and bra-burning scenes

Trump administration pauses major East Coast offshore wind projects

Eurostar suspends all Europe trains over power issue during holiday travel

Insider Floats 3-Time All-Star as Blue Jays& 039; Potential Bo Bichette Replacement

Iran’s president pledges ‘harsh’ response on back of Trump warning

Britney Spears ‘really hurt’ over son Sean Preston rejecting her Christmas invite: report

Exiting CEO left each employee at his family-owned company a $443,000 gift—but they have to stay 5 more years to get all of it