A severe tornado has caused significant damage to a Pfizer manufacturing facility in North Carolina, raising concerns about the worsening shortage of drugs in U.S. hospitals and highlighting the vulnerability of the domestic supply chain. Pfizer’s facility in Rocky Mount, N.C., plays a crucial role in producing nearly 25 percent of the company’s sterile injectable …
A significant Pfizer pharmaceutical plant in North Carolina suffered severe damage on Wednesday after a powerful tornado tore through the area, posing a threat to the production of vital medications for U.S. hospitals. Meanwhile, parts of Kentucky experienced heavy rainfall and flooding, while communities from California to South Florida endured scorching heat with record-breaking temperatures. …
A former Pfizer employee has been charged with insider trading for leaking confidential trial results of the COVID-19 antiviral drug Paxlovid to a friend. Amit Dagar, a 44-year-old resident of Hillsborough, New Jersey, was arrested on Thursday and is facing multiple counts of securities fraud and conspiracy. Prosecutors allege that on November 4, 2021, Dagar …
Ozempic and Wegovy have revolutionized the landscape of obesity treatment, becoming two of the most rapidly-selling drugs in history. However, their appeal is dampened by undesirable side effects and the need for injections. Pharmaceutical companies are now in a race to develop a new generation of obesity medications in pill form. These easy-to-take tablets have …
Pfizer recently announced the discontinuation of one of its obesity pill candidates due to the detection of elevated levels of liver enzymes during clinical trials. However, the development of another obesity pill is set to continue. Pfizer has been working on two oral treatments for obesity and Type 2 diabetes: danuglipron and lotiglipron. During both …
The Centers for Disease Control and Prevention’s (CDC) vaccination advisory panel recently voted to recommend the administration of vaccines for respiratory syncytial virus (RSV) to older adults, marking a significant development in the fight against the virus. The CDC’s Advisory Committee on Immunization Practices (ACIP) decided in favor of recommending RSV vaccines for adults aged …
Pfizer issued a warning this week that an effective drug used for treating syphilis in pregnant patients and bacterial infections in children may run out by the end of June. In a letter addressed to its customers in the United States on June 12, Pfizer, the sole manufacturer of Bicillin in Canada, stated that there …
Back in the early days of penicillin, the antibiotic was in such short supply that scientists resorted to recycling it from patients’ urine. While the current situation is not as dire, Pfizer is currently facing a shortage and expects that some of its inventory won’t recover until the middle of next year, according to …