After Friday's setback in obesity, Pfizer's shares have now fallen by over 43% year to date. While income investors may have a different take, growth investors may want to use this opportunity to lowe
Before successful weight loss treatments such as Wegovy and Ozempic, the pharmaceutical path to treating obesity was strewn with failures dating back decades.

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05:00am, Saturday, 02'nd Dec 2023
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Jared Holz, Mizuho, joins 'Fast Money' to talk Pfizer's weight-loss pill setback.
Pfizer (PFE) was the worst-performing stock in the S&P 500 Friday as shares dropped over 4% in early trading after the drug maker announced it was ending development of a twice-a-day weight-loss pill

Why Pfizer Stock Is Sinking Today

11:51am, Friday, 01'st Dec 2023
Pfizer announced that it won't advance a twice-daily version of weight-loss pill danuglipron into phase 3 testing. The decision was made due to high rates of side effects and discontinuations in a pha
Pfizer (NYSE: PFE ) layoffs are on the way for employees at its Groton, Conn. location as part of a wider cost-cutting effort at the pharmaceutical company.
Pfizer Inc (NYSE:PFE) has been trying to nudge its way into the weight-loss drug buzz with its own twice-daily version called danuglipron.
Shares in Pfizer Inc (NYSE:PFE) dropped 6% after its highly touted weight loss pill danuglipron showed significant side effects, stopping people from using it. Pfizer will now focus on a once-dail
Investors' have lost their appetite for Pfizer (shares down about 40% this year) and turned their heads toward injectable weight loss drug makers Eli Lilly (shares up 60%) and Novo Nordisk (shares up

Pfizer Stops Developing Weight-Loss Pill

07:40am, Friday, 01'st Dec 2023
Pfizer stops developing its experimental weight-loss pill. More than half of patients in the study had to stop taking danuglipron due to nausea and vomiting, according to a statement Friday.
'We believe an improved once-daily formulation of danuglipron could play an important role in the obesity treatment paradigm,' Pfizer said.
Pfizer Inc.'s stock PFE, +1.30% fell 4% premarket Friday, after the company said it's not planning to push ahead to a Phase 3 trial of a twice-daily formulation of its oral GLP-1 candidate in adults w
Pfizer said on Friday it would not advance a twice-daily version of oral weight-loss drug danuglipron into late-stage studies after most patients in a mid-stage trial dropped out with high rates of si
Pfizer said it still plans to release phase two trial data on a once-a-day version of its weight loss drug, known as danuglipron, in mid-2024.
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