Pfizer falls on gloomy guidance as company braces for covid vaccine turnaround

Pfizer falls on gloomy guidance as company braces for covid vaccine turnaround

Font size Pfizer said it expects Covid-19 vaccine sales to fall to $13.5 billion by 2023. Mario Tama/Getty Images Pfizer on Tuesday set guidance for fiscal year 2023 well below consensus figures from Wall Street, dampening investor expectations ahead of what is expected to be a sharp drop in sales of Covid-19 products. Shares fell … Read more

WHO says Covid-19 remains a global health emergency, but pandemic is at ‘transition point’

WHO says Covid-19 remains a global health emergency, but pandemic is at ‘transition point’

CNN — Covid-19 remains a global health emergency, the World Health Organization said on Monday, but acknowledged that the pandemic is at a “transition point”. WHO’s Emergency Committee on International Health Regulations discussed the pandemic at its 14th meeting on Covid-19 on Friday, and Director-General Tedros Adhanom Ghebreyesus agreed that the Declaration of the Public … Read more

Covid-19 is a leading cause of death for children in the US, despite the relatively low death rate

Covid-19 is a leading cause of death for children in the US, despite the relatively low death rate

CNN — Covid-19 has become the eighth most common cause of death among children in the United States, according to a study published Monday. Children are dying from Covid-19 significantly less than any other age group — less than 1% of all deaths since the start of the pandemic have been among those under the … Read more

With the emergence of new coronavirus variants, the FDA is stopping Evusheld’s approval

With the emergence of new coronavirus variants, the FDA is stopping Evusheld’s approval

CNN — The U.S. Food and Drug Administration on Thursday withdrew Evusheld’s emergency use authorization because it does not appear to protect against Covid-19 from viral variants currently circulating in the United States. Evusheld is a monoclonal antibody therapy used to prevent Covid-19 in immunocompromised people, who are less likely to elicit an immune response … Read more