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Keyword: pfizertherapeutic

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  • Pfizer authorizes $1 billion for oral COVID-19 treatment, CEO says

    07/28/2021 2:33:50 PM PDT · by PMAS · 50 replies
    Yahoo! Finance ^ | july 28, 2021 | Anjalee Khemlani
    Pfizer (PFE) CEO Albert Bourla is betting big on repeating the success of its COVID-19 vaccine with an experimental oral treatment — and he's putting the company's money where its mouth is. Bourla told Yahoo Finance Wednesday the company is committing $1 billion to develop the oral treatment — a protease inhibitor — which would give the world an easy-to-use, targeted treatment, hopefully by year's end. The current market for COVID-19 treatments includes monoclonal antibodies and some repurposed drugs, including generics and Gilead Sciences' (GILD) Veklury (formerly Remdesivir) - all of which require being in a hospital or clinic to...