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Pfizer drops as obesity drug halted on safety concerns

Por: Portland Press Herald World June 27, 2023

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Struggling to recover from waning coronavirus vaccine demand, Pfizer is racing to catch up with Novo Nordisk and Eli Lilly in an obesity-treatment market. Bloomberg photo by Stephanie Keith Pfizer shares fell after the company halted early development of an oral drug for weight loss on safety concerns, raising investor anxiety about an alternative therapy the company is still developing. The drugmaker will stop work on lotiglipron based on data... + full article



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