Pfizer Reports Loss As COVID-19 Revenues Shrink

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An illustration picture shows vials with Covid-19 Vaccine stickers attached, with the logo of US pharmaceutical company Pfizer, on November 17, 2020. JUSTIN TALLIS / AFPPfizer reported Tuesday a loss following a sharp fall in the sales of its COVID-19 vaccine and therapeutic from pandemic peaks.

Results were dented by a $5.6 billion inventory write-down in COVID-19 therapeutic Paxlovid and vaccine Comirnaty.

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