Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Financial Report: Pfizer | Contract Pharma

What are you searching for?

Sign in
Breaking News, Financial News

Financial Report: Pfizer

Earnings drop 79% in the quarter

Author Image

By: Kristin Brooks

Managing Editor, Contract Pharma

Pfizer
 
2Q Revenues: $12.8 billion (-2%)

2Q Earnings: $2.9 billion (-79%)

YTD Revenues: $24.1 billion (-5%)

YTD Earnings: $5.2 billion (-69%)

Comments: Global Vaccines revenue grew 14% operationally, with Prevnar revenue up 13% to $1.1 billion in the quarter. Global Oncology revenues increased 16% to $570 million, primarily driven by the continued strong uptake of Xalkori and Inlyta. Lyrica sales were up 15% to $1.3 billion in the quarter. Viagra sales were down 11% to $427 million. Consumer Healthcare revenues increased 14% to $912 million. Increased generic competition to several products and the end of some revenue-producing partnerships cut revenue by $850 million in the quarter.

Add us as a preferred source on Google

Get the latest Contract Pharma news, insights and analysis in your Google Search and AI experiences.

Add Contract Pharma as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Contract Pharma Newsletters