Ft Lauderdale, Florida 1/1/2010 4:30:00 AM
News / Business

Pfizer (NYSE: PFE) Says FDA Extends Review of Prevnar 13

Pfizer Inc. (NYSE: PFE) said Wednesday that the Food and Drug Administration announced an extension on its review of Prevnar 13, according to Associated Press.

 

The original deadline was Wednesday, but Pfizer says the agency has not completed its review of the children's pneumococcal vaccine. The pharmaceutical company did not indicate when the process might be complete. The FDA was originally scheduled to make a decision by Sept. 30, but decided to extend that review by three months.

 

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Prevnar 13 is intended to reduce the risk of infection by 13 types of pneumococcal disease, which can cause ear infections, meningitis, pneumonia and blood infections. It is a newer version of a vaccine that has been on the market for nine years.

 

The vaccine is considered one of the most important products Pfizer acquired when it purchased rival Wyeth (NYSE: WYE) for $68 billion this year.

 

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