May 5, 2024

AndronETalksNews

AndronETalksNews

Pfizer is betting big on cancer drugs to turn business around after Covid decline…

CNBC

By Annika Kim Constantino

March 10, 2024

Pfizer
is ready to move on from Covid.

Now, the company is betting on cancer drugs to help it regain its footing after a rocky year marked by the rapid decline of its Covid business. It just might take a while before that bet pays off.

Pfizer pitched its deeper push into oncology during a four-hour investor event last week. And it had a splashy 60-second Super Bowl ad that touted its initiative to “outdo cancer.”

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