Pfizer swings to quarterly loss due to Paxlovid, Covid vaccine
write-offs
Pfizer on Tuesday reported a narrower-than-expected adjusted loss for
the third quarter as the drugmaker recorded charges largely related to struggles for its Covid antiviral treatment Paxlovid and the Covid
vaccine.
Pfizer said it recorded a $5.6 billion charge for inventory write-offs
in the third quarter due to lower-than-expected use of Covid products.
Of these previously announced write-offs, $4.7 billion is chalked up
to Paxlovid and $900 million is attributed to the company's vaccine.
https://www.cnbc.com/2023/10/31/pfizer-pfe-q3-earnings-report-2023.html
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Covid Shots May Slightly Raise Stroke Risk in the Oldest Recipients
A federal study hinted at increased risk when the vaccine was given
with the high-dose flu shot, but the research is far from conclusive.
The Covid vaccines made by Pfizer-BioNTech and Moderna may be linked
to a slight increase in the risk of stroke when administered along
with a high-dose flu vaccine, according to a new analysis by the Food
and Drug Administration.
The high-dose flu vaccine is usually given to older people, and the
risk association is clearest in adults aged 85 and older. But that
increase, if real, seems very small, and it is possible that the risk
may stem from the flu vaccine alone.
A separate analysis by the agency points to a small increase in the
incidence of seizures after Covid vaccinations in children ages 2 to
5. The papers were posted online last week, and have not yet been
vetted for publication in a scientific journal. Experts in vaccine
safety said the studies were well done.
https://www.nytimes.com/2023/10/24/health/covid-flu-vaccine-stroke.html
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