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Tags: pfizer covid pill | 120 million investment

Pfizer to Spend $120M to Boost COVID Pill Production

Pfizer to Spend $120M to Boost COVID Pill Production

Monday, 06 June 2022 11:38 AM EDT

Pfizer Inc. said on Monday it would spend $120 million to expand manufacturing of its COVID-19 antiviral treatment at its Michigan plant, as demand ramps up.

Use of the pill, Paxlovid, authorized to treat newly infected, at-risk people to prevent severe illness, has soared recently as infections rise.

Biden administration officials have pushed for the wider use of Paxlovid, which the government distributes for free.

© 2022 Thomson/Reuters. All rights reserved.


StreetTalk
Pfizer Inc. said on Monday it would spend $120 million to expand manufacturing of its COVID-19 antiviral treatment at its Michigan plant, as demand ramps up.Use of the pill, Paxlovid, authorized to treat newly infected, at-risk people to prevent severe illness, has soared...
pfizer covid pill, 120 million investment
65
2022-38-06
Monday, 06 June 2022 11:38 AM
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