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Stock impact report

Pfizer Reshapes Portfolio With Obesity Bet, Vaccine Deal And Pricing Shift [Yahoo! Finance]

Novavax, Inc. (NVAX) 
Last novavax, inc. earnings: 3/11 04:17 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.novavax.com/investor-relations
Company Research Source: Yahoo! Finance
Pfizer (NYSE:PFE) agreed to acquire weight loss drug developer Metsera for US$10b, entering the obesity and GLP-1 market. The company signed a licensing deal with Novavax for access to its Matrix-M vaccine adjuvant technology. Pfizer also joined the TrumpRx U.S. drug pricing initiative, which focuses on deep medication discounts. For you as an investor, these moves sit at the intersection of some of the most closely watched themes in healthcare, including obesity treatments, vaccines and drug pricing. Pfizer, known for its broad prescription drug and vaccine portfolio, is responding to fading COVID-19 product revenues and looming patent expirations by adding new areas of focus that could change its mix of businesses over time. The Metsera deal puts Pfizer into the GLP-1 obesity drug space, while the Novavax agreement extends its options in future vaccine development. Participation in TrumpRx highlights how pricing pressure in the U.S. is influencing large pharmaceutical compa Show less Read more
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