Pfizer CEO warns German investment at risk over drug pricing policies

Pfizer Inc.

Pfizer Inc.

PFE

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- Pfizer PFE.N CEO Albert Bourla said in a letter to German Chancellor Friedrich Merz that the drugmaker is reviewing the timing and scope of planned investments in the country, citing the government's policy proposals that would lower drug prices.

The letter, dated June 9 and seen by Reuters on Wednesday, was first reported by German business newspaper Handelsblatt.