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October 7, 2024 at 02:13
Activist investor Starboard Value has taken a roughly $1 billion stake in Pfizer and wants the U.S. pharmaceutical giant to make changes to turn around its performance, the Wall Street Journal reported Sunday.
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© Reuters – 2024
| Activist investor Starboard Value takes $1 billion stake in Pfizer, WSJ reports |
02:13 |
RE |
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RE |
Pfizer, Inc. is the world’s leading pharmaceutical group. Turnover by product family is broken down as follows: – primary care products (72.8%): medicines used in internal medicine, vaccines, medicines for the prevention and treatment of Covid-19, antivirals, products based on mRNA, etc. ; – specialized care products (13.8%): drugs used in immunology, in hospitals and for the treatment of rare diseases, anti-inflammatory drugs, etc. ; – products used in oncology (12.1%); – others (1.3%). At the end of 2022, the group has more than 35 production sites around the world. The geographical distribution of turnover is as follows: United States (42.3%), Europe (21.9%) and others (35.8%).
More information about the company
Purchase
Average recommendation
ACCUMULATE
Last Closing Course
28,58USD
Average course objective
33,56USD
Gap / Average Objective
+17,44 %
Consensus
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