Pfizer plans $3.5B in charge cuts as gross sales of Covid merchandise proceed to slip – The Gentleman Report | World | Business | Science | Technology | Health
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Pfizer plans $3.5B in charge cuts as gross sales of Covid merchandise proceed to slip

Pfizer plans .5B in charge cuts as gross sales of Covid merchandise proceed to slip
October 14, 2023


Pfiz­er con­firmed overdue Fri­day that it is going to release a com­pa­ny-wide cost-cut­ting professional­gram this 12 months and subsequent as gross sales of the drug­mak­er’s Covid vac­cine and an­tivi­ral slide.
The an­nounce­ment got here as the United States gov­ern­ment and the drug­mak­er on Fri­day af­ter­midday re­vised phrases in their sup­ply agree­ment for Paxlovid. Un­der the phrases, the gov­ern­ment is re­flip­ing massive num­bers of dos­es that have been dis­trib­uted across the coun­take a look at as ac­cess to the drug transfer­es from an emer­gency, gov­ern­ment run-ef­citadel to 1 run throughout the com­mer­cial mar­kets.

Pfizer plans .5B in charge cuts as gross sales of Covid merchandise proceed to slip
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