Profits

Pfizer Reports Massive Drop in Revenue as Covid Vaccine Sales Crash

Pfizer Reports Massive Drop in Revenue as Covid Vaccine Sales Crash

Pharmaceutical giant Pfizer has just revealed that its revenue dropped dramatically in the first quarter of 2023. The drop is primarily due to COVID-19 vaccine sales plummeting. The company reported $18.3 billion in revenue. The figure is a significant drop from the $25.6 billion the company raked in during the…
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