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Pfizer Stock Sliding After Pulling the Plug on Highly-Anticipated Weight Loss Pill

Pharma giant Pfizer’s stock has taken a hit this week after the company announced it is pulling the plug on its highly anticipated weight loss pill. Pfizer’s shares dropped 6% to close at $28.91 on Friday, marking their lowest point since March 2020. Pfizer announced...

Pfizer Interested in Purchasing Seagen for $30 Billion

Biotech company Seagen, which focuses on cancer treatments, could soon have a new owner even after the failed sale to pharmaceutical giant Merck. According to the Wall Street Journal, Pfizer, one of the world’s leading pharma companies, engaged in early talks about the Seagen...