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Pfizer, Starboard Value

What activist hedge fund Starboard wants from Pfizer

Activist investor Starboard met with Pfizer last week. Here's what went down, according to the hedge fund's cofounder and CEO Jeff Smith.

Reuters · 13d

Pfizer fight with Starboard heats up, hedge fund alleges executive pressure

The corporate clash between Pfizer and Starboard Value heated up on Thursday when the activist investment firm pressed the U.S. drugmaker to investigate actions by its board, after two former executives backed out of its campaign against the company.

Wall Street Journal · 1d

Starboard Chief Criticizes Pfizer’s R&D Investments

Activist hedge fund Starboard Value believes the root cause of Pfizer’s issues are the low expected returns on its research and development investments, including investments done both internally and through mergers and acquisitions.

Barron's on MSN · 1d

Starboard Makes Its Case to Shake-Up Pfizer and Kenvue

Starboard has a $1 billion stake in Pfizer and an unknown but "sizable" stake in Kenvue, according to earlier media reports.

Investor's Business Daily on MSN · 1d

Starboard Hammers Pfizer Execs For Failing To Deliver On 'Best Pipeline' Promises

Starboard took aim at Pfizer in another blow Tuesday, saying the company has failed to deliver on what it called the "best pipeline" ever.

FiercePharma1d

UPDATED: Starboard wants to hold Pfizer leadership 'accountable' for overpaid M&A deals, poor return on R&D investment

Activist investor Starboard Value is baring its teeth at Pfizer management, more openly going after CEO Albert Bourla’s job.

pharmaphorum1d

Starboard spells out its concerns with Pfizer's direction

Despite that cash windfall, Pfizer has "dramatically underperformed its peers and the market since 2019," according to ...

1don MSN

Starboard Value CEO Jeff Smith: Pfizer needs to do a better job disciplining itself on investments

Jeff Smith, Starboard Value CEO, joins CNBC's 'Squawk on the Street' to discuss how he sees Pfizer going forward, potential ...

1don MSN

Starboard Value CEO says Pfizer's board should hold management accountable

Activist hedge fund Starboard Value's chief executive officer said on Tuesday that drugmaker Pfizer's board needs to hold ...

Activist Investor Starboard Slams Pfizer for Underperforming R&D And Overpaying for Acquisitions

Starboard Value criticizes Pfizer's leadership for underperformance, citing a 50% stock decline and missed growth targets ...

BioPharma Dive1d

Starboard makes case for change at Pfizer, citing research, M&A missteps

The activist investor claims Pfizer failed to capitalize on the windfall earned from its COVID-19 vaccine and, in the process, destroyed tens of billions of dollars in market value.

BioSpace1d

Activist Investor Starboard Takes Aim at J&J Spinoff Kenvue on Heels of $1B Stake in Pfizer

Starboard Value contends that Kenvue, with strong consumer health brands like Tylenol and Listerine, is underperforming its ...

FiercePharma13d

Activist investor Starboard accuses Pfizer of strong-arming former execs into backing CEO Bourla ahead of strategy meeting

Pfizer’s situation with activist investor Starboard Value is already getting messy. | After initially supporting a meeting ...

Starboard Scolds Pfizer Over $20 Billion Value Destruction (2)

Starboard Value LP Chief Executive Officer Jeffrey Smith said there has been at least $20 billion in value destruction at drugmaker Pfizer Inc., which he admonished for failing to deliver on a ...

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