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Stock impact report

Pfizer Bets On Monthly GLP-1 Obesity Drug To Reshape Growth Story [Yahoo! Finance]

Pfizer, Inc. (PFE) 
Last pfizer, inc. earnings: 4/28 06:45 am Check Earnings Report
Company Research Source: Yahoo! Finance
Pfizer (NYSE:PFE) reported positive Phase 2b VESPER-3 data for its monthly injectable GLP-1 obesity therapy acquired from Metsera. The company outlined plans to launch an expansive late stage development program, including more than 20 pivotal studies and multiple Phase 3 trials. The GLP-1 program targets the growing obesity treatment market at a time when Pfizer is addressing revenue pressure from lower COVID-19 product demand and upcoming patent expirations. For you as an investor, this move puts obesity care more firmly at the center of Pfizer's long term story. The company is already a large, diversified pharmaceutical group, and adding a monthly GLP-1 injection gives it exposure to an area that has drawn significant attention across healthcare. The Metsera acquisition and new data update are part of a broader effort to refresh the product portfolio as older drugs face competition. What matters next is how quickly Pfizer can convert this positive mid stage data into late Show less Read more
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