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Pfizer pays US$11.6B for Biohaven’s CGRP inhibitor portfolio, as Pfizer looks to grow oral CGRP business to over US$6B in peak sales; deal includes migraine drug Nurtec ODT, five preclinical CGRP candidates, intranasal migraine treatment spray

COVID-19 vaccine makers prepare for smaller booster vaccine market as demand for first shots falls; global booster shot market, including people over 50, adults with health risk factors or who work in high-risk occupations, estimated at 1.7 billion people

Commentary: mRNA technology used by Pfizer, Moderna for COVID vaccines could end up unlocking much more for future of health care; numerous mRNA vaccine candidates are being researched, undergoing clinical trials for treating cancer, HIV, flu, ebola, more

Pfizer starting Phase 3 study in US of injectable fordadistrogene movaparvovec mini-dystrophin gene therapy for ambulatory patients with Duchenne muscular dystrophy after FDA lifts clinical hold on drug; DMD has very limited treatment options

Pfizer reports Q1 net profit up 61% from a year ago at US$7.9B, with revenue up 77% year-over-year at US$25.7B; growth driven by Comirnaty COVID-19 vaccine sales of US$13.2B, sales of Paxlovid nirmatrelvir and ritonavir COVID-19 treatment of US$1.5B

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