Pfizer enrolls over 42,000 patients for Covid-19 vaccine trial

27 Octobre, 2020, 16:22 | Auteur: Yves Courtet

In a presentation included with its third-quarter earnings results Tuesday, the drugmaker said the data-monitoring board of scientists overseeing the trial hadn't yet conducted an interim efficacy analysis. The company has previously said they could come as soon as this month, depending on how fast cases accrue in the trial.

Shares were flat at $37.93 before the opening bell. The first of four efficacy analyses is scheduled to be conducted when the trial achieves that threshold.

Pfizer to help supply the USA government with 100 million doses of coronavirus vaccine under a $1.95 billion deal.

US President Donald Trump had said a vaccine could be available before the November 3 election, but in recent weeks his administration has emphasized that one will be ready this year.

Healthcare investor Brad Loncar said it was hard to draw a positive or negative conclusion from the fact that the trial has not yet had its first interim analysis.

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Pfizer said quarterly Lyrica sales fell 33% to $352 million.

As the pandemic crimps demand for certain Pfizer therapies and damages global economies, investors are keenly focused on seeing the late-stage study data of the vaccine candidate being developed with BioNTech.

The company said that its third-quarter sales were reduced by $500 million, or 4%, due to Covid-19 related impacts, including reductions in wellness visits in the USA and lower demand for certain products in China.

Shares rose 0.7 percent to $38,20 in pre-market trading.

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