Pfizer Reports Billions in Losses as COVID Vaccine Demand Wanes
By Tom Ozimek Pfizer on Tuesday reported a deep revenue slump and billions of dollars in losses as sales of its COVID-19 vaccine and antiviral treatment slowed sharply as many Americans seem to have put the pandemic behind them. Pfizer’s total third-quarter revenues totaled $13.2 billion, a decrease of $9.4 billion, or 42 percent, compared to the year-ago quarter, the company said in a release on…
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