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Pfizer CEO on moving beyond COVID vaccines to become a leader in cancer and obesity treatments
Read full article: Pfizer CEO on moving beyond COVID vaccines to become a leader in cancer and obesity treatmentsPfizer's CEO Albert Bourla is trying to reposition the global pharmaceutical giant for a post-pandemic world.
Switch from selling COVID-19 drugs on market rather than to governments continues to sting at Pfizer
Read full article: Switch from selling COVID-19 drugs on market rather than to governments continues to sting at PfizerPfizer’s forecast for sales of its COVID-19 vaccine and treatment next year falls more than $5 billion short of the Wall Street consensus.
Company bosses and workers grapple with the fallout of speaking up about the Israel-Hamas war
Read full article: Company bosses and workers grapple with the fallout of speaking up about the Israel-Hamas warThe fallout from the Israel-Hamas war has spilled into workplaces everywhere, with corporate leaders from the highest ranks of prominent companies weighing in with their views while workers complain their voices are not being heard.
In venue fit for head of state, Japan PM seeks Pfizer doses
Read full article: In venue fit for head of state, Japan PM seeks Pfizer dosesJapan’s prime minister met with Pfizer’s CEO in an unusually high-profile setting to make sure the drugmaker would deliver COVID-19 vaccine it has promised to the nation.
Biden mourns 500,000 dead, balancing nation's grief and hope
Read full article: Biden mourns 500,000 dead, balancing nation's grief and hopeI know what it’s like to not be there when it happens," said Biden, who has long addressed grief more powerfully than perhaps any other American public figure. "I know what it’s like when you are there, holding their hands, as they look in your eye and they slip away. In one of his many symbolic breaks with his predecessor, Biden has not shied away from offering remembrances for the lives lost to the virus. The COVID-19 death total in the United States had just crossed 400,000 when Biden took the oath of office. Outside of perfunctory tweets marking the milestones of 100,000 and 200,000 deaths, Trump oversaw no moment of national mourning, no memorial service.
The Latest: Young S. Koreans taking crucial university exam
Read full article: The Latest: Young S. Koreans taking crucial university examThe Education Ministry says about 493,430 students began taking the one-day test at about 1,380 test sites across South Korea on Thursday. The university from which a South Korean graduates significantly affects job prospects, social standings and even marriage partners. Health care workers, citizens above 65 and people living in care homes will be the first groups to be vaccinated. Redfield says earlier surges in COVID-19 illnesses were concentrated in one area of the country or another, and health care workers and equipment could be shifted from one place to another to deal with it. ___TORONTO — Canada’s health minister says health officials will soon complete a review of the coronavirus vaccine made by Pfizer and BioNTech.
Trust Index: Did Pfizer intentionally delay its vaccine announcement?
Read full article: Trust Index: Did Pfizer intentionally delay its vaccine announcement?JACKSONVILLE, Fla. – President Donald Trump and his son, Donald Trump Jr., have accused the drug manufacturer Pfizer of deliberately delaying the release of information about a COVID-19 vaccine until after the election. On Monday, Pfizer CEO Albert Bourla announced early study data revealed the company’s COVID-19 vaccine was 90% effective in preventing people from getting the virus. Later that afternoon, President Trump tweeted:As I have long said, @Pfizer and the others would only announce a Vaccine after the Election, because they didn’t have the courage to do it before. Based on our current trial enrollment and dosing pace, we estimate we will reach this milestone in the third week of November.”This means the numbers Pfizer announced Monday were released a week earlier than expected. With that information, the Trust Index finds the claim that Pfizer intentionally delayed its announcement until after the election to be NOT TRUE.
Pfizer says early data signals COVID-19 vaccine is effective
Read full article: Pfizer says early data signals COVID-19 vaccine is effectivePfizer released no specific breakdowns, but for the vaccine to be 90% effective, nearly all the infections must have occurred in placebo recipients. But in July, Pfizer signed a contract to supply the U.S. with 100 million doses for $1.95 billion, assuming the vaccine is cleared by the FDA. Pfizer said its only involvement in Operation Warp Speed is that those doses are part of the administration’s goal to have 300 million doses of COVID-19 vaccines ready sometime next year. Earlier this year, Fauci said he would be happy with a COVID-19 vaccine that was 60% effective. TESTING TIMELINE: What’s ahead for COVID-19 vaccinesPfizer has estimated it could have 50 million doses available globally by the end of 2020, enough for 25 million people.
Pfizer says COVID-19 vaccine is looking 90% effective
Read full article: Pfizer says COVID-19 vaccine is looking 90% effectiveOn Monday, Nov. 9, 2020, Pfizer said an early peek at its vaccine data suggests the shots may be 90% effective at preventing COVID-19. Pfizer released no specific breakdowns, but for the vaccine to be 90% effective, nearly all the infections must have occurred in placebo recipients. The study is continuing, and Pfizer cautioned that the protection rate might change as more COVID-19 cases are added to the calculations. REPORT 90% EFFECTIVE. Earlier this year, Fauci said he would be happy with a COVID-19 vaccine that was 60% effective.
Pfizer tops 3Q earnings views, makes progress on COVID shot
Read full article: Pfizer tops 3Q earnings views, makes progress on COVID shotPfizer executives had expected data from their 44,000-person international study would show by Oct. 31 how well it prevents coronavirus infections. Analysts peppered Bourla and other Pfizer executives with so many questions about the study that he repeatedly asked for their patience. It expects revenue of $48.8 billion to $49.5 billion, narrowed from its previous forecast of $48.6 billion to $50.6 billion. Pfizer will receive about $12 billion in return and its shareholders will get roughly one Viatris share for each Pfizer share they own. Pfizer expects to be able to grow revenue at least 6% annually through 2025 as a result of the transformation.
Pfizer: Mid-November earliest it can seek virus vaccine OK
Read full article: Pfizer: Mid-November earliest it can seek virus vaccine OKNEW YORK – Pfizer Inc. cannot request emergency authorization of its COVID-19 vaccine before the third week of November -- and that’s if everything goes well, the company’s CEO announced Friday. Another leading U.S. contender, Moderna Inc., previously announced the earliest it could seek authorization of its own vaccine would be Nov. 25. Pfizer CEO Albert Bourla has long said it's possible testing might reveal by the end of October if his company’s vaccine actually protects against the coronavirus. The vaccine made by Pfizer and its German partner BioNTech are among several leading candidates in final testing. ___The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education.
Pfizer CEO pushes back against Trump claim on vaccine timing
Read full article: Pfizer CEO pushes back against Trump claim on vaccine timingDespite top U.S. federal health officials repeatedly stating that a vaccine is unlikely to be available widely until mid-2021, President Donald Trump has insisted that a vaccine will be ready before Election Day. “I’ve spoken to Pfizer, I’ve spoken to all of the people that you have to speak to, Moderna, Johnson & Johnson, and others. “It’s become very political.”“We’re weeks away from a vaccine,” Trump added. Johnson & Johnson just started the final study of its vaccine last week. ___Follow Linda A. Johnson at https://twitter.com/LindaJ_onPharma___The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education.