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Pfizer, Starboard

Starboard Value CEO says Pfizer's board should hold management accountable

Activist hedge fund Starboard Value's chief executive officer said on Tuesday that drugmaker Pfizer's board needs to hold management accountable for its underperformance, particularly for its record for producing profitable new drugs.

FiercePharma · 17h

UPDATED: Starboard wants to hold Pfizer leadership 'accountable' for overpaid M&A deals, poor return on R&D investment

Activist investor Starboard Value is baring its teeth at Pfizer management, more openly going after CEO Albert Bourla’s job. | Activist investor Starboard Value is baring its teeth at Pfizer management,

Business Insider · 12h

Starboard urges Pfizer board to ‘hold management accountable’, FT reports

Activist investor Starboard Value urged Pfizer’s (PFE) leadership to do “something different” and hold management accountable

The Financial Times · 16h

Starboard calls for Pfizer board to ‘hold management accountable’

Jeff Smith says pharma giant’s returns from recent efforts are ‘not adequate’ in speech at 13D activist investor conference

RSV, Pfizer

Reuters on MSN · 10h

US FDA approves Pfizer's RSV vaccine for adults at increased risk of the disease

The U.S. Food and Drug Administration on Tuesday approved Pfizer's RSV vaccine for the prevention of lower respiratory tract disease caused by RSV in adults aged 18 to 59 at increased risk of the disease.

The Wall Street Journal on MSN · 10h

Pfizer Receives FDA Approval for RSV Vaccine

Abrysvo can prevent lower respiratory tract disease caused by RSV for people between the ages of 18 and 59 who are at increased risk. It is the first RSV vaccine indicated for adults younger than 50,

Seeking Alpha on MSN · 9h

Pfizer RSV vaccine Abrysvo gains expanded indication

The U.S. FDA has approved Pfizer's respiratory syncytial virus vaccine Abrysvo for individuals 18 to 59 years old that are at increased risk of lower respiratory tract disease from the virus. Those conditions include obesity,

17h

What activist hedge fund Starboard wants from Pfizer

Starboard's Jeff Smith told Pfizer in a meeting last week that they need to improve their return on investments in R&D and ...

pharmaphorum1h

Starboard spells out its concerns with Pfizer's direction

Despite that cash windfall, Pfizer has "dramatically underperformed its peers and the market since 2019," according to ...

14h

Activist Investor Starboard Slams Pfizer for Underperforming R&D And Overpaying for Acquisitions

Starboard Value criticizes Pfizer's leadership for underperformance, citing a 50% stock decline and missed growth targets ...

An activist tried to take on Pfizer. Then things got messy

Activist investors tend to rely on an element of surprise to catch their target company off guard: quietly building up a stake and swooping in with a slide deck full of strategic changes at just the ...

FiercePharma10h

Pfizer lays off 75 more workers in North Carolina in wake of late-stage DMD trial fail

Pfizer has told 75 employees in Sanford, North Carolina, that their positions have been eliminated. | Pfizer has told 75 ...

13h

Starboard Scolds Pfizer Over $20 Billion Value Destruction (2)

Starboard Value LP Chief Executive Officer Jeffrey Smith said there has been at least $20 billion in value destruction at drugmaker Pfizer Inc., which he admonished for failing to deliver on a ...