Pfizer says COVID-19 pill cut hospital, death risk by 90%

This Feb. 5 file photo shows the Pfizer logo displayed at the company's headquarters in New York. (AP Photo/Mark Lennihan, File)

WASHINGTON — Pfizer Inc. said Friday that its experimental antiviral pill for COVID-19 cut rates of hospitalization and death by nearly 90% in high-risk adults, as the drugmaker joined the race for an easy-to-use medication to treat the coronavirus.