COVID-19 vaccine and treatment sales helped Pfizer breeze past Wall Street’s first-quarter expectations, as the drugmaker’s profit grew 61%.
, which has been Pfizer’s top seller for about a year, brought in more than $13 billion in sales in the quarter. The pill treatment Paxlovid, which launched late last year, added another $1.5 billion.
Sales of that vaccine topped analyst expectations for the quarter, but revenue from Paxlovid fell short. Revenue from both products will likely wind up exceeding forecasts, Mizuho Securities USA analyst Dr. Vamil Divan said in a research note. He noted that current projections only include contracts the company signed as of mid-April.Outside Comirnaty and Paxlovid, Pfizer makes several cancer treatments, other vaccines and internal medicine drugs like Eliquis, for preventing blood clots and strokes.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Pfizer beats Q1 estimates as COVID vaccine and antiviral boost revenuePfizer Inc. undefined posted better-than-expected first-quarter earnings on Tuesday, boosted by sales of its COVID-19 vaccine and antiviral Paxlovid. The...
Weiterlesen »
Here’s why people with allergic asthma are at lower COVID-19 riskA protein called IL-13 mounts defenses that include virus-trapping mucus and armor that shields airway cells from infection.
Weiterlesen »
Covid-19 news: Cognitive impairment equivalent to 20 years of ageingToday’s covid-19 news: · Covid-19 hospitalisation equivalent to 20 years of ageing for the brain · Proteins responsible for covid-19-related condition in children identified · Covid-19 may worsen asthma in children
Weiterlesen »
Prepare for a COVID-19 summer surge, medical experts warnCOVID-19 cases have been slowly increasing in nearly every state as the highly contagious BA.2 subvariant spreads in the U.S. Most of those cases have been relatively mild, and experts say vaccination continues to provide strong protection against severe illness. But it's the ability of the virus to change that makes arresting COVID-19 challenging.
Weiterlesen »
What happens if I get COVID-19 while traveling?COVID-19 rules for travelers will vary depending on the destination. But testing positive for the virus could result in an unexpected change in plans, such as being required to stay isolated in a hoteI.
Weiterlesen »
Amazon Terminated Paid Sick Leave for Covid-19 Day After Union Vote EndedThe National Labor Relations Board began counting ballots Monday at LDJ5, a Staten Island facility looking to become the second Amazon location to win a union election in the U.S.
Weiterlesen »