Pfizer pulls out of summit with Germany's Merz over health care

NAMPA / DPA

2026-06-10

Frankfurt (dpa) - US pharmaceutical giant Pfizer has pulled out of a meeting with German Chancellor Friedrich Merz over plans to reform the health care system, warning that planned investments could be scrapped. In a letter to Merz seen by dpa on Wednesday, Pfizer chief executive Albert Bourla said he would "not be able to participate" in the Invest in Germany Summit in October. The announcement comes after the German Cabinet last month passed......

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