Pfizer – Page 2

Pfizer halts biosimilar programs in crowded China market, sells plant to WuXi Biologics

China only approved its first biosimilar drug in 2019, but the market is already looking too crowded for one Big Pharma company. Pfizer has halted its biosimilar programs in China and is selling a biologics facility there to Chinese CDMO giant WuXi Biologics, the company said in a statement Wednesday. The “difficult decision” came after a… Read More »

Pfizer coronavirus vaccine candidate shows early promise

A coronavirus vaccine candidate from pharmaceutical company Pfizer has shown potential in healthy volunteers. Stocks jumped on the announcement Wednesday. The experimental vaccine developed by Pfizer and the biotech firm BioNTech produced promising results in early-stage human trials, in which 45 volunteers were given doses of the vaccine. Each participant received 10, 30, or 100… Read More »