Pfizer swings to quarterly loss due to Paxlovid write-off

Pfizer swings to quarterly loss due to Paxlovid write-off

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Pfizer PFE-N on Tuesday reported its first quarterly loss since 2019, as the U.S. drugmaker recorded $5.6 billion in charges related to its COVID products like its antiviral treatment Paxlovid and vaccine Comirnaty. The company posted a loss of 42 cents per share for the third quarter. It had…

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