New York, Aug 4, 2026 (AFP) - Pfizer reports loss on hit from one-time clinical failures

NAMPA / AFP

2026-08-04

Pfizer reported a second-quarter loss Tuesday following writedowns due to unfavorable clinical results despite scoring higher overall sales. The drugmaker's loss of $248 million compared with profits of $2.9 billion in the year-ago period, while revenues rose three percent to $15.0 billion. Pfizer pointed to revenue growth from blood thinner Eliquis, cancer treatment Padcev and the heart drug Vyndaqel. But results were dented by $3.8 billion in......

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