Tag: pfizer

BUSINESS

Pfizer Gives Low-Income Countries A Pass On Patents

U.S. drugs giant Pfizer says it will no longer make a profit from selling its patented medicines to 45 of the world’s low-income countries. Pfizer said the plan includes 23 patented medicines and vaccines which treat infectious and rare inflammatory diseases and certain cancers. It said new medicines and vaccines will also be sold at cost. The firm has previously […]

Jamaica

Jamaica Gets First Shipment Of Pfizer Vaccine From France

Jamaica has recently received approximately 649,350 doses of the Pfizer COVID-19 vaccines through the COVAX facility. The vaccines, the first donation of two tranches from the Government of the French Republic, arrived via a charter flight at the Norman Manley International Airport (NMIA) in Kingston. Minister of Health and Wellness, Dr. the Hon. Christopher Tufton, and Ambassador of the French […]

BUSINESS

Drugmaker Pfizer High On Sales

Pfizer Inc., the American multinational pharmaceutical and biotechnology corporation has seen its sales double in the fourth quarter. With the global demand for the COVID-19 vaccine, the company continues to ride the wave in sales. According to press reports, the company posted revenue of $23.8 billion, albeit missing analysts’ projections of $24.1 billion. The company’s vaccine unit accounted for $13.9 […]

Health

Pfizer Says Its COVID-19 Vaccine 100% Effective In Children

In a recent press release, Pfizer Incorporated said its COVID-19 vaccine provided strong long-term protection against the virus in a late-stage study conducted among adolescents aged 12 to 15 years. The company said a two-dose series of the vaccine was 100% effective against COVID-19, measured seven days through over four months after the second dose. “As the global health community […]

Health

Barbados Begins COVID-19 Vaccination For Children

Children in Barbados between the ages of 12 and 18 years old began receiving the Pfizer COVID-19 vaccine on Friday. Minister of Education Santia Bradshaw said the vaccine will be available at seven sites. Miss Bradshaw said the government made the decision to inoculate pre-teens and teens following consultations with stakeholders. She also acknowledged that not everyone would want to […]

BUSINESS

Pfizer Raises Sales Forecast Amid Demand For Its Vaccine

Pfizer has raised its 2021 sales forecast for its COVID-19 vaccine by 29 percent to $33.5 billion and said it believes people will need a third dose of the shot developed with German partner BioNTech to keep protection against the virus high. The company said it could apply for an emergency use authorization for a booster dose as early as […]

HEALTH/FOOD

Pfizer Gets Approval To Give COVID-19 Vaccine To Children Ages 12-15

The United States Food and Drug Administration (FDA) has authorized the use of the Pfizer-BioNTech Covid-19 vaccine for children ages 12-15 in the United States. This move will allow for more people in the country to be vaccinated and a faster return to normalcy. To date, over 260 million doses of the vaccine have been administered in the U.S., but demand […]

BUSINESS

GlaxoSmithKline And Pfizer Combine To Offer Pain Relief Under One Roof

GlaxoSmithKline and Pfizer are merging to bring their healthcare divisions under one roof, thus creating a massive over-the-counter drug offer to customers. The combined deal will see annual sales of $12.7 billion. British-based Glaxo will own 68 percent of the joint venture, while U.S.-based Pfizer will hold the remaining 32 percent stake. The merger will bring together Glaxo’s brands such […]

BUSINESS Commerce Social media

Pfizer Set To Raise Drug Prices

Pfizer is set to raise prices on 41 drugs in January, a few months after the company agreed to delay the increase under the influence of President Donald Trump. The manufacturer in a recent announcement declared that it would raise the list price of all but four of the drugs by 5%, effective January 15. Three drugs will increase by […]