PFE - Texas Attorney General Alleges Pfizer Misled Public on COVID-19 Vaccine Efficacy | Benzinga
Texas Attorney General Ken Paxton has filed a lawsuit against Pfizer Inc (NYSE: PFE), alleging the pharmaceutical giant misrepresented the efficacy of its widely-administered COVID-19 vaccine.
Paxton argued that Pfizer's claim of 95% effectiveness was misleading, based on limited clinical trial data spanning only two months.
Instead, he highlighted the vaccine's mere 0.85% absolute risk reduction, deeming it substantially less effective than implied.
Moreover, Paxton criticized Pfizer's information handling, alleging censorship of individuals intending to reveal factual discrepancies and facilitate rapid vaccine adoption, thereby enhancing commercial ...