Pfizer swings to quarterly loss due to Paxlovid, Covid vaccine write-offs

[ad_1] CFOTO | Future Publishing | Getty Images Pfizer on Tuesday reported a narrower than expected adjusted loss for the third quarter as the drugmaker recorded charges largely related to…

Kraft Heinz picks new CEO as sales slump in the face of higher prices

[ad_1] Heinz Kraft products arranged at a Stop and Shop store in Dobbs Ferry, New York, US, on Tuesday, July 25, 2023. Tiffany Hagler-Geard | Bloomberg | Getty Images Kraft…

GSK sues Pfizer claiming RSV vaccine patent infringement

[ad_1] Jun Li | Istock | Getty Images GlaxoSmithKline on Wednesday sued Pfizer in U.S. court, alleging patent infringement over Britain-based GSK’s respiratory syncytial virus vaccine.  GSK claims New York-based…

Johnson & Johnson consumer health unit valued at $40 billion ahead of IPO, report says

[ad_1] Johnson & Johnson logo SOPA Images | LightRocket | Getty Images Johnson & Johnson‘s consumer health business is valued at $40 billion ahead of its initial public offering later…