after $100 billion in revenue due to the covid vaccine,Shares of Pfizer began to fall.

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By vexwift.com

Due to the success of the COVID-19 vaccine, pharmaceutical company Pfizer earned significant profits. However, with the end of the pandemic, the company is now facing a decline in revenue.

After creating an effective vaccine for COVID-19, the company generated revenue of $100 billion in the previous year 2022. But in the current year, the company has witnessed a 33% decline.

On the first of December this month, it was reported that Pfizer’s pill, developed for the weight-loss, is showing many side effects. Following this news, the company’s shares dropped by 5.12% in just one day.

The Texas Attorney General filed a lawsuit against Pfizer.

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