Pfizer Stock in Focus After FDA Priority Review as Padcev, Obesity Bets Drive Post-COVID Reset
The FDA granted priority review to Pfizer and Astellas’ Padcev for muscle-invasive bladder cancer, setting an Aug. 17 decision date. Pfizer shares rose 0.8% to $27.78 after the news. The company reports first-quarter results May 5, with investors watching oncology and obesity drugs to offset declining COVID sales and loss of exclusivity on older products.