LogFAQs > #976990298

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Topic	Pfizer lost $5.6 billion on their covid medicines the past quarter.
IdiotMachine 11/02/23 7:58:41 AM #1:	Pfizer said it recorded a $5.6 billion charge for inventory write-offs in the third quarter due to lower-than-expected use of Covid products. Of these previously announced write-offs, $4.7 billion is chalked up to Paxlovid and $900 million is attributed to the company's vaccine. Source: https://www.cnbc.com/amp/2023/10/31/pfizer-pfe-q3-earnings-report-2023.html --- https://i.imgur.com/XNEdLrJ.png <cite>IdiotMachine posted [p:976990298] in Pfizer los... [t:80609315]...</cite> <quote>Pfizer said it recorded a $5.6 billion charge for inventory write-offs in the third quarter due to lower-than-expected use of Covid products. Of these previously announced write-offs, $4.7 billion is chalked up to Paxlovid and $900 million is attributed to the company's vaccine.Source:https://www.cnbc.com/amp/2023/10/31/pfizer-pfe-q3-earnings-report-2023.html --- https://i.imgur.com/XNEdLrJ.png</quote> ... Copied to Clipboard!
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