Home Health News Report: Pfizer CEO tell employees COVID-19 vaccine will move only at 'speed of science' – MarketWatch

Report: Pfizer CEO tell employees COVID-19 vaccine will move only at 'speed of science' – MarketWatch

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Shares of Pfizer Inc.
PFE,
+0.02%

were down 0.1% in premarket trading on Friday, the day after the Associated Press reported that CEO Albert Bourla had reportedly told employees that development for its COVID-19 vaccine would move “at the speed of science” rather than due to political pressure. The AP cited an internal letter. Pfizer and BioNTech
BNTX,
+1.36%

have an experimental coronavirus vaccine that is currently in Phase 3 trials. There are three other vaccine candidates in late-stage trials in the U.S. However, President Donald Trump has repeatedly said that a vaccine may be ready by November. Pfizer’s stock is down 7.2% so far this year, while the S&P 500
SPX,
-0.95%

has gained 4.6%.

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