Latest Pfizer Inc News

Large corporate donations back Kentucky GOP building fund

Jan. 10, 2023 14:02 PM EST

FRANKFORT, Ky. (AP) — Kentucky's Republican Party stockpiled more than $1.7 million for its building fund, paced by a $1 million contribution from a pharmaceutical giant, as the state's dominant political party accumulates money to expand its headquarters, according to a finance report. ...

Pfizer's Paxlovid not included in China's national insurance

Jan. 09, 2023 22:19 PM EST

TAIPEI, Taiwan (AP) — Chinese health care authorities declined to include Pfizer's COVID-19 treatment drug in a national reimbursement list that would have allowed patients to get it at a cheaper price throughout the country, saying it was too expensive. Paxlovid, an oral medicine...

Wall Street loses ground, marking 2nd straight weekly loss

Dec. 16, 2022 16:49 PM EST

Wall Street racked up more losses Friday, as worries mounted that the Federal Reserve and other central banks are willing to bring on a recession if that’s what it takes to crush inflation. The S&P 500 fell 1.1%, its third straight drop. The Dow Jones Industrial Average dropped...

Asian shares advance on back of Wall Street gains

Dec. 09, 2022 00:49 AM EST

BANGKOK (AP) — Shares rose in Asia on Friday after an advance on Wall Street led by the latest rally in technology companies. Chinese benchmarks rose on reports the government is planning new measures to support the ailing property sector, which has dragged on growth over the past...

Pfizer announces $750M expansion of western Michigan plant

Dec. 05, 2022 13:17 PM EST

LANSING, Mich. (AP) — Pfizer announced a $750 million project Monday toward expanding capacity at the western Michigan pharmaceutical plant where the company first mass produced its COVID-19 vaccine. Company officials said the project will boost the plant’s manufacturing of...

Pfizer asks FDA to clear updated COVID shot for kids under 5

Dec. 05, 2022 10:50 AM EST

Pfizer is asking U.S. regulators to authorize its updated COVID-19 vaccine for children under age 5 — not as a booster but part of their initial shots. Children ages 6 months through 4 years already are supposed to get three extra-small doses of the original Pfizer COVID-19 vaccine...

Asian shares sink on revived worries over recession, China

Dec. 02, 2022 00:33 AM EST

BANGKOK (AP) — Shares retreated in Asia on Friday after a mixed day on Wall Street as optimism over signs the Federal Reserve may temper its aggressive interest rate hikes was replaced by worries the economy might be headed for a recession. A U.S. measure of inflation that’s...

Today in History: December 2, Senate condemns McCarthy

Dec. 02, 2022 00:06 AM EST

Today in History Today is Friday, Dec. 2, the 336th day of 2022. There are 29 days left in the year. Today’s Highlight in History: On Dec. 2, 1954, the U.S. Senate passed, 67-22, a resolution condemning Republican Sen. Joseph R. McCarthy of...

Pfizer booster spurs immune response to new omicron subtypes

Nov. 18, 2022 10:32 AM EST

Pfizer said Friday that its updated COVID-19 booster may offer some protection against newly emerging omicron mutants even though it's not an exact match. Americans have been reluctant to get the updated boosters rolled out by Pfizer and rival Moderna, doses tweaked to target the...

BioNTech earnings drop but forecast for vaccine income grows

Nov. 07, 2022 11:18 AM EST

BERLIN (AP) — BioNTech, which teamed with Pfizer to develop a powerful COVID-19 vaccine, reported that its earnings in the third quarter were close to half what they were a year earlier, but the German pharmaceutical company still raised its expectations for vaccine revenue after rolling out...