Pfizer shares dip despite positive trial results for skin condition drug

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Pfizer Inc. shares fell 1.15% despite reporting positive mid-stage clinical trial results for tilrekimig, its experimental antibody treatment for atopic dermatitis. The drug successfully eased symptoms for more patients compared to a placebo and was well-tolerated. Pfizer plans to initiate a late-stage trial for tilrekimig later this year and is also exploring its use for asthma and chronic obstructive lung disease.

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