Pfizer posts surprise profit as US returns fewer courses of COVID pill

Pfizer posts surprise profit as US returns fewer courses of COVID pill

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Pfizer reported a surprise quarterly profit on Tuesday, helped by its cost-cutting measures and as the U.S. government returned fewer courses of COVID treatment Paxlovid than it had expected. The U.S. drugmaker recorded a $3.5 billion revenue reversal related to the treatment during the period for…

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