Drugmakers face 100% tariff unless they cut prices or produce drugs in US [Yahoo! Finance]
Pfizer, Inc. (PFE)
Last pfizer, inc. earnings: 4/28 06:45 am
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Source: Yahoo! Finance
pharmaceuticals imported into the United ?States unless manufacturers agree to government drug pricing deals or commit to ?making their products domestically. The move is intended to push drugmakers to onshore production and cut U.S. ?prescription drug prices. It offers exemptions and reduced rates through trade agreements, manufacturing commitments and most-favored-nation pricing pacts. Here are some details: * The United States will impose a 100% tariff on patenteddrugs not made in the country and not covered by drug pricingagreements. * Large ?pharmaceutical companies have 120 days ?to announceplans to avoid the 100% tariff; smaller companies have 180 days. * Companies can move manufacturing to the U.S. in exchangefor a reduced 20% ?tariff. * Drugmakers that onshore and sign most-favored-nationpricing agreements with the U.S. Department of Health and HumanServices are exempt from tariffs. * The U.S. has already agreed to such deals with ?17drugmakers, of ?which 13 have been f
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PFE
News
- Pfizer (PFE) is now covered by CICC Research. They set an "outperform" rating on the stock.MarketBeat
- UBS Adjusts Pharma Outlook, Increases Pfizer (PFE) Price Target [Yahoo! Finance]Yahoo! Finance
- Pfizer (PFE) had its price target raised by UBS Group AG from $25.00 to $27.00. They now have a "neutral" rating on the stock.MarketBeat
- Pfizer (PFE) had its price target raised by Morgan Stanley from $27.00 to $28.00. They now have an "equal weight" rating on the stock.MarketBeat
- Pfizer (PFE) had its price target lowered by Bank of America Corporation from $27.00 to $26.00. They now have a "neutral" rating on the stock.MarketBeat
PFE
Earnings
- 2/3/26 - Beat
PFE
Sec Filings
- 4/16/26 - Form 4
- 4/10/26 - Form 3
- 4/1/26 - Form 4
- PFE's page on the SEC website