Summary: Pfizer Korea denied reports of requesting to double the supply price of its Covid-19 drug Paxlovid, ensuring ongoing discussions and cooperation with the government.
Full articleSummary: Pfizer plans to price a course of the oral antiviral COVID-19 treatment Paxlovid at $1,390, significantly higher than what the government has paid, but various programs will assist with costs. Pfizer's sales forecast for the year has been reduced due to a drop in Paxlovid prescriptions and vaccine sales.
Full articleSummary: The U.S. FDA granted full approval to Pfizer's oral antiviral COVID-19 treatment Paxlovid, clearing the way for commercial sales at market rates, Pfizer sold around $18.9 billion of Paxlovid last year and forecasts sales of about $8 billion for 2023, ICER recommended a price range of $563 to $906 per treatment course for Paxlovid.
Full articleSummary: American Axle & Manufacturing Holdings reported positive first quarter 2024 results with revenue up 7.6% and net income improving significantly. The company's revenues and earnings beat analyst expectations. Future revenue is expected to remain steady over the next 3 years.
Full articleSummary: EPIC-SR study reveals no benefit from paxlovid in treating COVID-19 patients, leading to the conclusion of not prescribing paxlovid in the vast majority of patients. The negative data from EPIC-SR contradicts Pfizer's rushed positive EPIC-HR study.
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