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Wednesday, December 4, 2024

Pfizer is betting on next-gen cancer drugs to offset slowing demand for COVID vaccines

Pfizer is betting on next-gen cancer drugs to offset slowing demand for COVID vaccines

Pfizer expects cancer drugs developed by Seagen, the biotech company it acquired last year, to generate $10 billion in sales by 2030

By Bruce Gil, Quartz 

Pfizer (PFE) is betting that next-gen cancer therapies will be a key part of its business as demand for COVID vaccines continue to dwindle.

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