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Is there a reason being for why Pfizer shares fall after Prevnar FDA delay?

April 26, 2017delay fall fda pfizer prevnar Shares

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Is there a reason being for why Pfizer shares fall after Prevnar FDA delay?

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NEW YORK, Dec 31 (Reuters) – Pfizer Inc (PFE.N) shares fell 1 percent on Thursday after it said a U.S. decision on whether to approve the company’s new version of its big-selling Prevnar vaccine that fights pneumonia and meningitis would push past the deadline.