Pfizer Inc ((PFE)) announced an update on their ongoing clinical study.
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Pfizer Inc. is conducting an observational study titled ‘Use and Effectiveness of COVID-19 Vaccines Using State Vaccine Registries and Insurance Claims Data.’ The study aims to evaluate the effectiveness of the Pfizer-BioNTech COVID-19 vaccine in preventing post-COVID conditions and to understand the characteristics of patients receiving the vaccine. This research is significant as it leverages state vaccine registries and HealthVerity insurance claims data to provide insights into vaccine efficacy and patient demographics.
The intervention being tested is the Pfizer-BioNTech COVID-19 mRNA vaccine, which is used for active immunization against COVID-19. The vaccine is either FDA licensed or authorized under Emergency Use Authorization for individuals aged six months and older.
The study employs a retrospective cohort design, observing patients until they experience a post-COVID condition or another event. It focuses on two groups: those vaccinated with the Pfizer-BioNTech XBB dose and those unvaccinated. The primary purpose is to assess vaccine effectiveness and uptake in various demographics over time.
The study began on October 23, 2023, with an estimated completion date of August 4, 2025. These dates are crucial as they outline the timeline for data collection and analysis, impacting when results might influence public health strategies and market dynamics.
This study update could influence Pfizer’s stock performance positively, as successful results may boost investor confidence and market share. However, investors should also consider the competitive landscape, including other vaccine manufacturers, which could affect market dynamics.
The study is ongoing, with further details available on the ClinicalTrials portal.