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Drugmaker Pfizer starts low with 2023 earnings forecast

Por: Associated Press Business January 31, 2023

Pfizer surprised Wall Street by predicting a bigger-than-expected sales drop this year for two key products: its COVID-19 vaccine and treatment.The drugmaker also released an earnings forecast that starts off below analyst expectations, sending shares lower before the opening bell Tuesday. Pfizer expects sales of both the vaccine Comirnaty and the treatment Paxlovid to tumble next year before starting to rebound. That drop was anticipated by... + full article



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