Pfizer

Pfizer forecasts 2026 profit below expectations on lower Covid product sales

Pfizer has rolled out a sweeping cost reduction programme in response to the drop in Covid-19 sales

The US drugmaker is offering about 4.55 million American depositary receipts via an overnight block trade marketed between US$108 to US$111.70 per share.

Pfizer looks to sell stake in pandemic vaccine partner BioNTech

The stake sale could be worth about US$508 million for Pfizer

Pfizer said it would pay US$86.25 per share in cash, a premium of 3.69 per cent to Metsera’s Friday close.

Metsera accepts Pfizer’s US$10 billion bid in ongoing M&A battle

OBESITY drug developer Metsera said on Friday that it had accepted Pfizer’s US$10 billion acquisition offer, in what could spell the end of a bidding war between the New York-based pharma giant and ri...

Pfizer is still trying to rebuild in the aftermath of the pandemic, with a cost-cutting programme and planned deals to drive future sales growth.

Pfizer boosts profit view as it battles for obesity startup

Its adjusted earnings for the year will be US$3 a share to US$3.15 a share

The tussle for Metsera began with discussions between the company and potential acquirers in early 2024, with both Pfizer and Novo Nordisk, the maker of Wegovy and Ozempic, expressing interest.

Pfizer sues Metsera, Novo Nordisk over rival obesity drug bid

[BENGALURU] Pfizer on Friday (Oct 31) filed a lawsuit against Metsera and Novo Nordisk, saying Metsera breached its merger agreement obligations in declaring the Danish drugmaker’s US$8.5 billion bid ...

The Pfizer-Trump agreement represents a highly personalised, transactional approach to healthcare policy that could set troubling precedents.

The Pfizer-Trump deal: A new chapter in drug pricing or political theatre?

The approach may generate headlines while leaving the structural problems of American pharmaceutical pricing unaddressed

Pfizer’s top-selling drugs include the blood-thinner Eliquis, the pneumonia vaccine Prevnar, and a shot and pill for Covid-19.

Pfizer’s drug price cuts yield three-year Trump tariff reprieve

The US president has repeatedly pressured companies to bring their US prices in line with what foreign countries pay

In late May, Pfizer agreed to pay a record US$1.25 billion upfront to license an experimental cancer drug from Shenyang-based 3SBio, as well as making a US$100 million equity investment in the Hong Kong-listed biotech company.
THE BOTTOM LINE

Why China biotech is getting a DeepSeek moment, too

The country is emerging as an attractive place for Big Pharma to chase billion-dollar licensing deals

Sensodyne maker Haleon has agreed to buy back 44 million shares from Pfizer (top), currently its largest shareholder, with 618 million shares being sold to institutional investors.

Pfizer sells entire Haleon stake for US$3.24 billion

The total sale represents 7.3% of the issued share capital of Haleon

The company said the better-than-expected growth for Paxlovid reflected higher infection rates and “strong commercial execution.”

Pfizer's Covid-19 drug powers strong quarterly profit as activist hovers

Sales of its Covid-19 treatment Paxlovid blew past Wall Street expectations