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PFIZER INC.

PFIZER INC. logo
🇺🇸United States
Ownership
Public
Established
1849-01-01
Employees
88K
Market Cap
$163.3B
Website
http://www.pfizer.com
prnewswire.com
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Nona Biosciences Enters into a Global License Agreement with Pfizer for HBM9033, an MSLN-Targeted Antibody-Drug Conjugate (ADC)

Nona Biosciences partners with Pfizer for global development of HBM9033, an MSLN-targeted ADC, receiving up to $53M upfront with potential milestones of $1.05B plus royalties. This collaboration enhances Nona's global network and showcases its Harbour Mice® platform's innovation in antibody discovery.
biopharmadive.com
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AbbVie to buy Cerevel in $8.7B bet on brain drugs

AbbVie acquires Cerevel Therapeutics for $8.7B, enhancing its neuroscience pipeline with drugs targeting schizophrenia, Parkinson’s, and dementia. The deal, 22% above Cerevel's stock price, reflects growing pharma interest in neuroscience. Cerevel's advanced Parkinson’s drug, tavapadon, and schizophrenia therapy, emraclidine, highlight the acquisition's potential.
biospace.com
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Sickle Cell Disease Treatment Market Size to Garner Significant Growth by 2032

The global sickle cell disease (SCD) treatment market, valued at USD 2.5 billion in 2022, is projected to reach USD 50.45 billion by 2032, growing at a CAGR of 35.1%. North America led with a 36% market share in 2022. Growth factors include market expansion in developing regions, innovative therapies, and global health initiatives. Key treatments involve blood transfusion and bone marrow transplant, with hospitals and specialty clinics as primary end-users. Advances in genetic research and personalized medicine are driving market evolution, despite challenges like economic barriers and inadequate infrastructure in developing regions.

Sickle Cell Disease Treatment Market | CAGR of 20.1%

The global sickle cell disease treatment market, valued at USD 2.25 billion in 2022, is projected to grow to USD 9.84 billion by 2030, driven by increased drug sales post-pandemic and partnerships like Emmaus Life Sciences with UpScript. Despite COVID-19 setbacks, the market benefits from rising SCD prevalence and treatment advancements, with key players like Pfizer Inc. leading through acquisitions and drug sales growth.

Commercial impact of microbiome therapeutics

The human microbiome, crucial for health, influences metabolic functions, immunity, and disease prevention. Dysbiosis can lead to disorders, but microbiome-based treatments show promise for over 25 conditions, including infectious and autoimmune diseases. Recent FDA approvals for treatments like Rebyota® and VOWST™ highlight advancements. Research and investment in microbiome therapeutics are growing, with significant contributions from small companies and increasing interest from Big Pharma and investors.
cnbc.com
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FDA approves updated Covid vaccines from Pfizer and Moderna

FDA approved updated Pfizer and Moderna Covid vaccines targeting XBB.1.5 for ages 12+, with emergency use for younger children. Availability pending CDC approval. Novavax's vaccine under review. Vaccines aim to protect against current strains as cases and hospitalizations rise.
darkdaily.com
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Retail Pharmacies Are Working with Pharmaceutical Companies to Enroll Patients in Decentralized Clinical Trials

Retail pharmacies are partnering with pharmaceutical companies to enroll patients in decentralized clinical trials, aiming to increase diversity and convenience. This shift, accelerated by the COVID-19 pandemic, may impact clinical laboratories' revenue but promises broader participation and faster drug development.
biospace.com
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Biotechnology Market is Expanding USD 3995.22 Billion

The global biotechnology market, valued at USD 1,224.31 billion in 2022, is projected to reach USD 3,995.22 billion by 2032, growing at a 12.5% CAGR. It drives innovation in healthcare, agriculture, and environmental sustainability, with bio-pharmacy leading through precision medicine, biologics, and immuno-oncology. Despite regulatory and IP challenges, opportunities in personalized medicine and rare diseases are expanding. Key players include Novartis, Roche, and Biogen.
cnet.com
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Clinical Trials Are Now at Your Local Drugstore. What That Means

National pharmacy chains like Walgreens, Walmart, CVS, and Kroger are launching clinical trial divisions to make trials more accessible and diverse, addressing enrollment challenges and aiming to improve health outcomes. These efforts, spurred by the pandemic, aim to leverage pharmacies' widespread locations and existing customer relationships to reach underserved populations, despite privacy concerns and the complexity of conducting trials outside traditional settings.
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