Health
Covid-Weary Americans Spark Billions in Corporate Writedowns
- Pfizer cuts sales outlook as drugmakers see waning shot demand
- A wider reckoning is threatening test makers, mask producers
Vaccine makers and pharmacy chains are seeing a decline in people getting Covid shots.
Photographer: Hannah Beier/BloombergThis article is for subscribers only.
Covid-19 reshaped the health-care industry. The waning of the pandemic is reshaping it all over again.
Vaccine makers and pharmacy chains are seeing a steep decline in the number of people getting Covid shots. Makers of at-home rapid tests are going belly-up. Companies that made personal protective equipment have shut down.