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Pfizer is betting big on cancer drugs to turn business around after Covid decline – here's what to know
PFEPfizer(PFE) CNBC·2024-03-10 12:00

Nurphoto | Nurphoto | Getty ImagesPfizer 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." The shift comes at a crucial time for Pfizer. The pharmaceuti ...