Pfizer Covid-19 pill efficacy report boosts share prices

 
803Views 11Comments Posted 05/11/2021

 

Pfizer Inc. reported that its Covid-19 pill reduced hospitalizations and deaths in high-risk patients by 89%, a result that has the potential to change the way coronavirus disease is treated and alter the course of the pandemic. Shares soared in pre-opening trading.

The pharmaceutical company said on Friday, November 5, in a statement that it stopped accepting new patients in a clinical trial of the treatment "due to the overwhelming efficacy" and that it planned to present the results to US regulatory authorities to obtain an emergency authorization as soon as possible. . Pfizer shares were up 11% as of 6:52 a.m. ET in New York.

The results mean that there are now two promising candidates for treating COVID-19 patients in the early stages of the disease. Last month, Merck & Co. and its partner Ridgeback Biotherapeutics LP presented their experimental pill to regulators after a study showed that it cut the risk of becoming seriously ill or dying in half in patients with mild to moderate Covid-19.

A pill that could be taken at home at the first symptom is a crucial tool in managing the Covid-19 crisis around the world, provided it is widely available. A Pfizer spokesman said the pill will be submitted to other regulatory agencies shortly after the application is filed in the United States.

In Pfizer's trial of 1,219 unvaccinated adults, five days of treatment with its drug dramatically reduced the rate of hospitalization when it was started within three to five days after symptoms began, the company reported.

The drug, Paxlovid, binds to an enzyme called protease to prevent the virus from replicating. Some HIV medications work in a similar way.



Comments 11

user
T

FR, please explain the origin of the Georgia Guidestones. I’ll wait.

1 month ago
user
harleyrider

I weighed getting vaccinated against the possibly of never getting to see my kids and grand kids without a great deal of hassle. Easy decision for me. Like the song says "there's been a lot of compromisin' on the road to my horizon". Guess you don't have anyone worth making a difficult decision for. I'm not a staunch ideologue like you.

1 month ago
user
MHogan

Harley, I recall way back when you said that you would NEVER take the Covid jab. Were you lying then or are you lying now? Once a liar, always a liar.

1 month ago
user
Flat Rabbit

Harley, accept that stupidity renders cult members incapable of accepting empirical evidence, regardless of increasing volume of that evidence. https://www.nature.com/articles/d41586-021-02081-w

1 month ago
user
harleyrider

Can't think of something more clever? Not very many words for a vociferous wind bag like yourself.

1 month ago
user
MHogan

Harley, both of them ?

1 month ago
user
harleyrider

Me, all of my extended family and friends are vaccinated. No clots or side effects. Been over a year now. When are we all supposed to drop dead or develop some life threatening disease????? You guys are full of bullshit. You getting paid for this crap????

1 month ago
user
Oh ya

Read a article that they are trying to get people to think this new pill is the same as ivermectin, it is not. They said it is the jab in pill form so forget about it. Stick to well proven ivermectin, zinc, Vitamin C, melatonin and vitamin D. Why would you belive a drug company that is only in it for $$$$. I read northern Australia hospitals are full of sick people that do not have Covid but blood pressure, blood clots, chest pain. ADE setting in. Just wait to full winter, them grave diggers will be a busy bunch

1 month ago
user
Brian

@MHogan your first comment is spot on. I saw an article they are working on a patch too. They have to keep the CDC members thinking they are not dying as they die. Patch, KILL SHOT and pills all to sooth the delusional psychoses CDC members.

1 month ago
user
MHogan

Clarification: I hope this pill works, that it is widely distributed, that it is safe. But only if people are able and free to access other options on their own and that vaccine mandates and health passes are revoked. Knowing how BigPharma loves their profit margin, I’m sure they’ll find a way to mandate “the pill” or at least exclude other treatment options. Shareholders for Gilead directly or through indirect holding/management companies will try their best to keep Remdesivir in play and EUA drugs the only go-to therapeutics

1 month ago
user
MHogan

Yes, somewhere I read that this “preventative” pill will be marketed to the U.S. at only a 4000% markup over production costs. Kind of makes you feel sorry for BigPharma /sarc. Gotta keep the Covid EMERGENCY term in place so this and other BigPharm drugs can take advantage of EUAs. No big profits to be made for I-mectin or HCQ.

1 month ago
The comments are the responsibility of each author who freely expresses his opinion and not that of Newsroom Panama.
Please enter a valid email.
Please enter username.
Please, enter a valid message.
Please validate that it is not a robot.