Pfizer Exec Says Co Is Progressing On Retail Contracting For RSV Vaccine; RSV Vaccine Performance Was In Line With Expectations In QTR; Patent Term Extension, If Granted, Could Extend U.S. Exclusivity For Heart Disease Drug Vyndamax To Dec 2028
Portfolio Pulse from Benzinga Newsdesk
Pfizer is advancing in securing retail contracts for its RSV vaccine, which performed as expected in the quarter. Additionally, a potential patent term extension for heart disease drug Vyndamax could prolong its U.S. market exclusivity until December 2028.
May 01, 2024 | 2:54 pm
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Pfizer's progress on RSV vaccine retail contracts and the potential patent term extension for Vyndamax could positively impact its stock.
The progress in retail contracting for Pfizer's RSV vaccine indicates a successful commercial strategy, likely leading to increased sales and revenue. The potential patent term extension for Vyndamax would secure its market exclusivity, preventing generic competition and sustaining its revenue stream from this drug until December 2028. Both developments are positive indicators for Pfizer's financial health and could lead to a short-term positive impact on its stock price.
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