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. (PFE), headquartered at The Spiral in Manhattan, New York City, is a leading American multinational pharmaceutical and biotechnology corporation established in 1849 by Charles Pfizer and his cousin Charles F. Erhart. Pfizer stands as one of the world's largest pharmaceutical companies, with annual sales nearing $50 billion, excluding COVID-19 product sales.
Pfizer's core business revolves around the development, manufacturing, and global distribution of prescription drugs and vaccines. Its top-selling products include the pneumococcal vaccine Prevnar 13, cancer drug Ibrance, and cardiovascular treatment Eliquis. These products contribute significantly to Pfizer's global sales, with nearly 50% of revenues coming from international markets, and emerging markets playing a crucial role.
In recent news, Pfizer continues to make strides in cancer treatment through its collaboration with Astellas and Merck. A key focus has been on the promising cancer therapeutic combinations involving PADCEV™ (enfortumab vedotin-ejfv) and KEYTRUDA® (pembrolizumab), targeting metastatic urothelial cancer. This collaboration underscores Pfizer's commitment to advancing cancer treatments and improving patient outcomes worldwide.
Financially, Pfizer remains robust, continually investing in research and development to innovate and expand its portfolio of treatments addressing unmet medical needs. Strategic partnerships and collaborations further enhance its position in the market, ensuring a steady pipeline of new and effective therapeutic solutions.
With a rich history and a steadfast commitment to healthcare innovation, Pfizer Inc. continues to be a significant player in the pharmaceutical industry, dedicated to improving global health through advanced medical research and groundbreaking therapies.
ViiV Healthcare presented three-year findings from the Phase III TANGO study, demonstrating that the 2-drug regimen Dovato (dolutegravir/lamivudine) is non-inferior to the three-drug TAF-based regimens for HIV-1 patients. No virologic failures occurred in the Dovato group (0% vs <1% with TAF), reinforcing its viability as a treatment option. Notably, patients on Dovato displayed better management of fasting lipids. Overall adverse event rates were similar, with Dovato showing marginally higher drug-related AEs. This study was crucial in establishing Dovato's long-term effectiveness.
Pfizer Inc. (NYSE: PFE) and BioNTech SE (NASDAQ: BNTX) have submitted data to the U.S. FDA for their COVID-19 vaccine aimed at children aged 5 to <12 years. The Phase 2/3 trial included 2,268 participants and showed a favorable safety profile with robust neutralizing antibody responses from a 10 μg two-dose regimen. A formal request for Emergency Use Authorization (EUA) is expected in the coming weeks, with plans for submissions to other regulatory authorities, including the European Medicines Agency (EMA).
Topline results for younger cohorts (ages 2-5 and 6 months-2 years) are anticipated in Q4 2021.
ViiV Healthcare announced that the FDA has accepted and granted Priority Review for its New Drug Application (NDA) for cabotegravir long-acting, intended for HIV pre-exposure prophylaxis (PrEP). If approved by the target date of
ViiV Healthcare has announced a collaboration with Shionogi for S-365598, a third-generation HIV treatment aimed at ultra long-acting regimens. The agreement includes an upfront payment of £20 million and additional milestone payments totaling £15 million, alongside royalties on sales. Preliminary data suggest S-365598 could offer a distinct resistance profile and longer dosing intervals, enhancing patient adherence. Clinical studies are expected to start by 2023. This partnership aims to strengthen ViiV's pipeline for innovative therapies beyond 2030.
Pfizer Inc. (NYSE: PFE) has commenced a Phase 1 clinical trial for a single dose quadrivalent mRNA influenza vaccine, targeting healthy adults. This innovative vaccine utilizes mRNA technology, which offers quicker manufacturing and potentially better efficacy compared to traditional vaccines. The trial aims to assess safety, tolerability, and immunogenicity. Influenza causes about 5 million severe illness cases and up to 650,000 deaths annually, highlighting the need for more effective vaccines. Pfizer plans to expand mRNA technology beyond influenza to other respiratory viruses and oncology.
Pfizer (NYSE: PFE) has initiated the Phase 2/3 EPIC-PEP trial, evaluating the oral antiviral PF-07321332, co-administered with ritonavir, for COVID-19 prevention among adults in close contact with infected individuals. This trial aims to enroll up to 2,660 participants to assess the drug's safety and efficacy in preventing SARS-CoV-2 infection. PF-07321332 is designed for early use, potentially before hospitalization is needed. The trial is part of a broader global study aiming to tackle COVID-19's ongoing impact.
Pfizer Inc. (NYSE: PFE) announced a quarterly cash dividend of
Pfizer continues to demonstrate its commitment to returning value to shareholders through consistent dividend payments.
The FDA has granted Emergency Use Authorization (EUA) for a booster dose of the Pfizer-BioNTech COVID-19 Vaccine for individuals 65 and older, as well as those aged 18-64 at high risk. The booster, to be administered at least six months after the primary series, is backed by clinical data demonstrating strong immune response against COVID-19 variants. The reactogenicity profile post-booster is mild to moderate, similar to the primary series. The vaccine continues to be supplied under existing agreements, with a commitment to provide two billion doses to lower-income countries by 2022.
Pfizer (NYSE: PFE) and BioNTech (NASDAQ: BNTX) expanded their agreement with the U.S. government to supply an additional 500 million COVID-19 vaccine doses for donation to low-income countries. This increases the total pledged doses to one billion, supporting the commitment to deliver two billion doses to low- and middle-income countries by the end of 2022. The doses are expected to be delivered by September 2022, with production at Pfizer facilities in the U.S.
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