6 Things to Know About the Updated COVID Vaccines

what is pfizer stock

On May 10, 2021, the FDA expanded the EUA for the Pfizer-BioNTech vaccine to include adolescents ages 12–15. The Food and Drug Administration approved updated Covid vaccines from Pfizer and Moderna, putting the shots on track to reach most Americans in the coming days as the virus surges. The only potential downside of getting all of these shots at once is that you might deal with more or stronger (but totally normal) side effects, like headache, fatigue, muscle aches, chills, fever, and nausea. They will go away in a few days, and you can certainly take steps to feel better after you get vaccinated, like taking over-the-counter pain relievers if your doctor says it’s safe and applying a cool washcloth to your arm. BOTHELL, Wash.—At a recent company town hall here, Pfizer’s cancer-business chief looked over some 100 scientists, marketers and other staffers who had just joined the giant drugmaker through a $43 bi…

The pharmaceutical firm noted it projects $3.1 billion in 2024 sales from its $43 billion acquisition of cancer drug maker Seagen in February. That deal was approved by U.S. regulators this week, and Pfizer expects it to close tomorrow. In the meantime, remember that your personal risk for getting seriously sick with COVID isn’t necessarily the same as those around you, including your coworkers, Pilates classmates, or fellow grocery shoppers. It sure can—and the same is true of past COVID shots. Basically, vaccines reduce the chances you come down with a serious case of the disease and that you get infected at all.

The FDA gave the vaccine full approval on Aug. 23, 2021, after reviewing the biologics license application (BLA) submitted by Pfizer and BioNTech. The two companies completed their submission of the BLA in May 2021. It was the first COVID-19 vaccine to receive full approval from the FDA. It is now being marketed under the name Comirnaty. Shares of Pfizer (PFE) and American depositary receipts (ADRs) of BioNTech (BNTX) dropped in intraday trading Friday following disappointing results from a late-stage study of the drugmakers’ combined…

Here are the most important things to know about the updated COVID vaccines. PFE, -0.59% and BioNTech SE BNTX, +2.83% said Friday a Phase 3 trial of their COVID-19-influenza vaccine candidate met one of its two objectives. In trading on Friday, shares of Pfizer were yielding above the 6% mark based on its quarterly dividend (annualized to $1.68), with the stock changing hands as low as $27.85 on the day. In the ever-evolving pharmaceutical landscape, financial stability and business resilience are crucial for long-term success. S&P Global, a leading financial information firm, recently released a comp…

Pfizer Inc. on Tuesday unveiled a new online platform designed to help simplify and coordinate healthcare for consumers, adding momentum to an emerging trend in big pharma that has drawn criticism fro… Pfizer’s stock is undervalued with a 48% upside potential, supported by robust product pipelines, strategic initiatives, and a high 5.94% forward dividend yield. SELF does not provide medical advice, diagnosis, or treatment. Any information published on this website or by this brand is not intended as a substitute for medical advice, and you should not take any action before consulting with a healthcare professional. Bill McColl has 25+ years of experience as a senior producer and writer for TV, radio, and digital media leading teams of anchors, reporters, and editors in creating news broadcasts, covering some of the most notable news stories of the time. As of Aug. 9, 2021, Pfizer had 5,606,688,356 shares of voting common stock outstanding.

And while we’re on the topic, you can also get a single dose of the RSV vaccine with your COVID and flu shots, bitcoin explained for beginners the CDC says. If you need a little motivation to actually get out there and roll up your sleeve, you should know that infections, hospitalizations, and deaths have inched upward in the US following a summer wave. A lot of people have built up immunity via infections and vaccination, CDC Director Mandy Cohen, MD, MPH said during a media briefing on August 23. But COVID is still making some people really sick, and the number of hospitalizations and deaths don’t fully reflect how common the virus actually is.

Who is the chief executive officer (CEO) of Pfizer?

In a study published in March in The Lancet Respiratory Medicine, researchers looked at more than 20 million people and found that having at least one dose of any coronavirus vaccine prevented long COVID by as much as 52%. If you have a weakened immune system, live with someone who’s vulnerable to severe COVID, or there’s a surge of infections in your area, the CDC says you could get the updated vaccine a little sooner if you’d like. A previous case of COVID, no matter how long ago it was, doesn’t give you lifelong immunity to the virus. That said, you may want to delay vaccination by at least three months if you recently tested positive, the CDC says. The chances you get sick again within that time are slim (but not impossible!) because it takes about that much time for your immunity to wane. So waiting a bit can help you really take advantage of the protection your infection gave you.

Of course, you may be thinking, Do I really need another shot if I have four years’ worth of immunity? First, protection from both infections and vaccination generally wanes over time (it only lasts about three months) so you philip morris international stock forecast and predictions could still get super sick if you catch COVID. Dr. Cohen did say, however, that the CDC has allotted $62 million to state and local immunization programs so they can buy updated COVID shots for people without insurance or those whose policies don’t cover all vaccine-related costs. If you fall into this category, Dr. Cohen recommends reaching out to your local health department to see if they’re offering free vaccines.

About PFE

what is pfizer stock

Pharmaceutical (PPH) stocks have done relatively well this year. The closely watched iShares US Pharmaceutical ETF (IHE) stock has jumped by 16.5%, slightly beating the S&P 500 index, which has risen …

what is pfizer stock

It has seen a decline of 15% from levels of $35 in early … Investing in biotech and pharma stocks is certainly not for everyone, as these companies are vulnerable to various external risks. I turned bullish on Pfizer last January based on several reasons, inc… Everyone responds to vaccines differently; some people might need to rest for a day or two, while others can go about their daily activities with ease. Regardless of your reaction, though, the vaccine is still doing its job.

  1. A brand new round of Covid shots from Pfizer and Moderna is about to reach Americans.
  2. The vaccine was approved for emergency use for individuals 16 years of age and older.
  3. Pfizer has become one of the biggest pharmaceutical companies in the world, with a market capitalization of $251.3 billion as of Nov. 3, 2021.
  4. In trading on Friday, shares of Pfizer were yielding above the 6% mark based on its quarterly dividend (annualized to $1.68), with the stock changing hands as low as $27.85 on the day.
  5. Any information published on this website or by this brand is not intended as a substitute for medical advice, and you should not take any action before consulting with a healthcare professional.
  6. I turned bullish on Pfizer last January based on several reasons, inc…

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In 2020, Pfizer co-developed with BioNTech SE a vaccine against COVID-19, the virus whose rapid spread prompted the World Health Organization (WHO) to declare a global pandemic in March 2020. On Dec. 11, 2020, the Pfizer-BioNTech vaccine became the first COVID-19 vaccine to receive emergency use authorization (EUA) from the U.S. The vaccine was approved for emergency use for individuals 16 years of age and older.

Pfizer, BioNTech COVID-19-flu combination drug meets 1 of 2 trial objectives

Pfizer indicated union standard group review that its COVID-19 shot and Paxlovid treatment for the virus will generate $8 billion in sales next year, versus the approximately $12.5 billion it expects to make on those products this year. The drug maker indicated it expects 2024 revenue to be in a range of $58.5 billion to $61.5 billion, up slightly from this year’s outlook of $58 billion to $61 billion. Albert Bourla, who has been with Pfizer for more than 25 years, is currently the company’s chief executive officer (CEO) and chairman. Before assuming the CEO position in January 2019, he was chief operating officer (COO) starting in January 2018. From February 2016 to December 2018, Bourla was group president of Pfizer’s Global Vaccines, Oncology, and Consumer Healthcare business.

Pfizer is classified as a member of the S&P 500 healthcare sector and operates within the biotechnology and pharmaceutical industry. Inc. (MRK), Switzerland-based Roche Holding AG (RHHBY), and Eli Lilly and Co. (LLY). Pfizer reported adjusted net income attributable to its common shareholders of $25.2 billion on $81.3 billion in annual revenue in its 2021 fiscal year (FY). You can get any of the three updated shots as soon as you’re able to book an appointment, but if you were vaccinated against COVID recently, you’ll want to wait at least two months after your last dose, the FDA says. That way you can maximize the amount of protection you have against the virus.

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