The healthcare giant is struggling as demand drops for its COVID-19 products. The company projects that revenue could fall by as much as 42%.
Roche acquired a bowel-disease treatment from Roivant for over $7 billion, the Wall Street Journal reported. Roivant made $5 billion from the sale, after having only spent $15 million on development.
Pfizer (PFE) expects better non-COVID operational revenue growth sequentially in the third quarter, driven by its key products, new launches as well as newly acquired products.
Pfizer Inc (NYSE:PFE) is scheduled to report earnings on October 31 before the opening bell, but if past results are any indication, the pharmaceutical giant's earnings won't be spooky.  The Street
London-based biotech firm Roivant Sciences (ROIV) agreed to sell its Telavant Holdings unit, which is co-owned by Pfizer (PFE), to Roche Holding for $7.1 billion.
Pfizer Inc.'s acquisition of Seagen is the latest in a series of M&A deals fueled by pandemic-related profits. Despite the underperformance of Pfizer shares, the current share price shows potential ap
Shares of Roivant Sciences Ltd. ROIV, -1.13% and Pfizer Inc. PFE, -1.73% gained ground premarket on Monday after Roche Holding AG RHHBY, +0.51% agreed to buy immunology company Telavant for $7.1 billi
Third-quarter earnings season has only just begun and Morgan Stanley's pessimistic market strategist Mike Wilson is already labelling it a disappointment.
Pfizer is going to be trimming its headcount over the next 12 months. Its best-selling drugs of the last few years are no longer raking in lots of dough.
Pfizer's revenue has taken a big hit because of lower COVID-19-related sales. Roche just released third-quarter earnings.

Is Pfizer a Bad News Buy Right Now?

05:15am, Saturday, 21'st Oct 2023
Pfizer recently cut its annual earnings guidance as demand for coronavirus products shrinks. Still, the company is in the middle of one of its most aggressive series of product launches ever -- aiming
Pfizer Inc. PFE, -1.80% said Friday that the U.S. Food and Drug Administration has approved the first five-in-one vaccine designed to protect teenagers and young adults against meningococcal disease.
The U.S. Food and Drug Administration (FDA) has approved Pfizer's vaccine Penbraya, making it the first shot to protect against five groups of a deadly bacteria that can cause meningitis and blood poi
The new cost of the drug is nearly triple the amount the US government paid during the coronavirus pandemic, according to a report.
Zacks.com users have recently been watching Pfizer (PFE) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
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