Machines

Pfizer stock fell on pessimistic guidance as the company prepares to drop a Covid vaccine

Pfizer stock fell on pessimistic guidance as the company prepares to drop a Covid vaccine

font size Pfizer said it expects Covid-19 vaccine sales to fall to $13.5 billion in 2023. Mario Tama/Getty Images Pfizer Tuesday set guidance for fiscal year 2023 well below Wall Street consensus numbers, dampening investor expectations ahead of what is expected to be a sharp drop in sales of Covid-19 products. Shares fell 3% in …

Pfizer stock fell on pessimistic guidance as the company prepares to drop a Covid vaccine Read More »

Stocking up on biotech stocks is going to mean a big year for deals.  Who can benefit.

Stocking up on biotech stocks is going to mean a big year for deals. Who can benefit.

Nearly two years after biotech stocks began to crash, small- and mid-cap executives in the space finally accept that stock prices aren’t going down anytime soon. As reality sets in, it’s become a buyer’s market for companies looking for acquisitions and partnerships, according to several pharma and medical technology executives gathered this year. JPMorgan Healthcare …

Stocking up on biotech stocks is going to mean a big year for deals. Who can benefit. Read More »