Welcome to our dedicated page for Pfizer news (Ticker: PFE), a resource for investors and traders seeking the latest updates and insights on Pfizer stock.
Pfizer Inc. reports developments across its global biopharmaceutical business, including prescription medicines, vaccines, biosimilars, sterile injectables, and oncology therapies. Recurring news covers financial results and guidance, commercial portfolio changes within Biopharma, dividend declarations, capital allocation priorities, and product access initiatives for established medicines such as Eliquis.
Company updates also address clinical and regulatory activity across Pfizer's pipeline and marketed products. Recent themes include oncology data presentations, Phase 3 results for ELREXFIO in relapsed or refractory multiple myeloma, PADCEV combination regulatory activity in bladder cancer, VYNDAMAX patent litigation settlements, and shareholder meeting communications.
Pfizer and BioNTech have received a conditional marketing authorization recommendation from the EMA's CHMP for their bivalent Omicron BA.4/BA.5 COVID-19 vaccine for individuals 12 years and older. The vaccine combines components targeting both the original SARS-CoV-2 and Omicron subvariants, designed to elicit a strong immune response. If approved by the European Commission, distribution will commence immediately to support EU vaccination efforts this fall. Previous data showed a superior immune response against Omicron subvariants compared to the existing vaccine.
Pfizer Inc. (NYSE: PFE) announced that the FDA accepted the New Drug Application (NDA) for ritlecitinib for treating alopecia areata in adults and adolescents. The FDA decision is expected in Q2 2023, while the EMA's Marketing Authorization Application (MAA) decision is anticipated in Q4 2023. Ritlecitinib is a new oral treatment aimed at regrowing hair, showing statistically significant results in clinical trials. Alopecia areata affects approximately 6.8 million people in the U.S. and around 147 million globally.
Pfizer Inc. (NYSE:PFE) announced that its investigational GBS vaccine, GBS6, has received Breakthrough Therapy Designation from the FDA. This designation aims to expedite the development of GBS6, aimed at preventing invasive Group B Streptococcus disease in newborns. The decision is based on interim analysis from an ongoing Phase 2 trial in pregnant women. If approved, GBS6 could significantly reduce neonatal diseases, addressing a critical public health need. GBS6 targets the six main GBS serotypes, accounting for 98% of global cases.
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Pfizer Inc. (NYSE: PFE) will present at two upcoming healthcare conferences. Chief Scientific Officer Mikael Dolsten will speak at Citi's 17th Annual BioPharma Conference on September 7, 2022, at 10:30 a.m. EDT, while Chief Financial Officer David Denton will present at the Wells Fargo 2022 Healthcare Conference on September 8, 2022, at 9:10 a.m. EDT. Investors can access the live webcasts and subsequent replays on Pfizer's investor relations website. Forward-looking statements discussed may involve risks that could materially impact actual results.
Pfizer and BioNTech announced that the CHMP has recommended conditional marketing authorization for their Omicron BA.1-adapted bivalent COVID-19 vaccine for individuals 12 years and older. This 30-µg booster dose combines mRNA from the original vaccine and mRNA for the Omicron BA.1 variant. The vaccine demonstrated improved immunogenicity, showing a 9-fold increase in neutralizing titers against the Omicron strain compared to the original vaccine. If approved, doses will be available to EU member states within days, supporting upcoming vaccination campaigns.
Pfizer Inc. (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) received FDA Emergency Use Authorization for a 30-µg booster dose of their Omicron BA.4/BA.5 Bivalent Vaccine, combining mRNA for the original virus and Omicron BA.4/BA.5 subvariants. This booster is authorized for individuals aged 12 and older. The companies are also preparing applications for younger age groups. Clinical data showcase a strong immune response against multiple subvariants, reinforcing the vaccine's efficacy. Shipping will begin immediately under existing agreements with the U.S. government.
Pfizer and BioNTech announced the submission of a booster dose application for an Omicron BA.4/BA.5-adapted bivalent COVID-19 vaccine to the European Medicines Agency (EMA). This submission follows their earlier application for the Omicron BA.1-adapted vaccine. The booster targets individuals 12 years and older, generating a strong neutralizing antibody response per pre-clinical data. Regulatory approvals are expected shortly, with availability as early as September, pending authorization. The companies also submitted a request for Emergency Use Authorization to the FDA on August 22.
Pfizer (NYSE:PFE) announced positive interim results from its Phase 3 RENOIR trial for the bivalent RSV vaccine candidate, RSVpreF. The vaccine showed an efficacy of 85.7% against severe lower respiratory tract illness (LRTI-RSV) in adults aged 60 and older. The findings were considered significant enough for Pfizer to plan a Biologics License Application (BLA) submission to the FDA in fall 2022. The vaccine was reported to be well-tolerated, with no safety concerns noted during the trial.