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Pfizer climbs after boosting its 2021 COVID-19 vaccine sales forecast by 73%

14 days ago   |   By

Oil markets surged in the hours after Pfizer announced positive results from its coronavirus vaccine study.
Dado Ruvic/Reuters
Shares of Pfizer rose on Tuesday after the drugmaker raised its COVID-19 forecast for 2021.
The company now expects vaccine revenues of around $26 billion, 73% higher than the $15 billion initial target.
In the first quarter, Pfizer said its vaccine drew $3.5 billion in sales during the first quarter from more than 50 countries.
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Shares of Pfizer rose on Tuesday after the drugmaker raised...
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India postponed medical exams so students can help fight the country's devastating COVID-19 surge

14 days ago   |   By

A doctor tends to a patient inside an ambulance in Ahmedabad, India.
Amit Dave/Reuters
India has paused its medical exams to allow student doctors and nurses to fight COVID-19.
The country has reported more than 20 million cases, the second-highest case toll in the world.
India has been struggling to fight the surge, with shortages in labor, beds, oxygen, and vaccines.
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India postponed its medical exams so that doctors and nurses in training can help with the country's devastating COVID-19 surge. Prime Minister Narendra Modi on Monday approved...
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