Tag Archives: biotechnology

Pfizer shares rise after earnings. Here’s why stocks rose more.

Text size Spencer Platt / Getty Images Large pharmaceutical company Pfizer announced second-quarter financial results on Tuesday morning that exceeded Wall Street expectations, sending shares of around 3% in pre-trade. The company reported earnings of $ 0.78 per share, beating the FactSet consensus at $ 0.10 and the S&P Capital …

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Pfizer CEO says Trump’s executive orders reviewing drug prices in the United States will cause “enormous destruction”

Albert Bourla, Pfizer Gian Ehrenzeller | Keystone | AP President Donald Trump’s executive orders aimed at reducing the costs of prescription drugs in the United States will cause “enormous destruction” as the pharmaceutical industry struggles to develop vaccines and treatments for coronavirus, Pfizer CEO said Tuesday. , Albert Bourla, to …

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