Shares of Pfizer decreased by 3.2% since the beginning of the year, fell by 1.65% on Tuesday after the company announced the results of the third quarter, which ended on September 30.
Pfizer reported a 4% drop in earnings per share (compared to the same quarter in 2019) to $ 0.72, but this was slightly higher than analysts’ estimates of $ 0.71. Total quarterly revenue fell to $ 2.2 billion from $ 7.68 in the 3rd quarter of 2019.
Total quarterly profit also fell 4% to $ 12.13 billion, below analysts’ average estimates of $ 12.32 billion.
In its report, Pfizer noted a 6% increase in sales of the anti-cancer drug Ibrance – up to $ 1.36 billion, which is higher than analysts’ estimates of $ 1.39 billion, despite increased competition from Verzenio with Eli Lilly.
At the same time, total quarterly revenue was reduced, in part due to a drop in sales of Lyrica’s patented painkiller by $ 500 million due to the COVID-19 pandemic, as patients with other diseases were less likely to seek medical care.
Pfizer also noted that Q3 spending on development and research increased compared to the same quarter last year, “which primarily reflects the higher cost of Pfizer’s efforts to develop potential vaccines and therapeutic agents for the prevention and treatment of COVID-19.”
The company said it had paid $ 6.3 billion in dividends in the first nine months of 2020, consisting of a dividend of $ 0.38 per ordinary share in each of the first, second and third quarters of 2020. To date, no share buyback has been conducted in 2020 and is not planned until the end of the year.
Управління з санітарного нагляду за якістю харчових продуктів і медикаментів США (FDA) дозволило екстрене застосування вакцини від коронавірусу розробки Pfizer і німецького стартапу BioNTech, йдеться в повідомленні на сайті регулятора. Офіційно дозволені поставки вакцини в штати і імунізація людей не молодше 16 років. Дозвіл видано після прозорої оцінки вакцини, яка враховувала думки незалежних вчених і […]
Головний виконавчий директор італійського виробника спортивних автомобілів Ferrari NV Луї Камільєрі несподівано пішов у відставку після госпіталізації з коронавірусом COVID-19. Про це повідомляє The Wall Street Journal. 65-річний Камільєрі також вийшов з ради директорів Ferrari. Компанія повідомила, що тимчасово виконуючим обов’язки CEO буде виконавчий голова ради директорів Джон Елкан. Крім цього, Камільєрі залишив посаду голови […]
У США консультативна рада Управління контролю якості продуктів і медикаментів схвалила COVID-вакцину компанії Pfizer. Про це повідомляє АР у п’ятницю, 11 грудня. “Консультативна рада FDA, проголосувавши 17 голосами “за”, чотирма “проти” (один утримався), прийшла до висновку, що щеплення є безпечним і ефективним проти коронавірусу для людей, старших за 16 років”, – сказано в повідомленні. Очікується, […]
Міністерство охорони здоров’я Канади схвалило використання вакцини від коронавірусної інфекції компаній Pfizer і BioNTech, оскільки препарат “відповідає найсуворішим вимогам безпеки, ефективності та якості”, пише ТАСС з посиланням на сайт відомства. Зазначається, що в розділі Вакцинація від коронавірусу навпроти даних про вакцину Pfizer/BioNTech стоїть напис: “Схвалено 9 грудня 2020 року”. У МОЗ підкреслили, що спочатку фахівці […]
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Компанія Pfizer попередила адміністрацію Дональда Трампа, що не зможе надати США в достатній кількості дози вакцини від коронавірусу до червня або липня 2021 року, оскільки значну кількість доз вже встигли викупити інші країни. Про це з посиланням на обізнані джерела повідомила The Washington Post. При цьому, як відзначають джерела видання, в адміністрації Трампа не очікують, […]
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