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Financial Report: Pfizer

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Pfizer 1Q Revenues: $11.8 billion (-5%) 1Q Earnings: $2.8 billion (-18%) Comments: Pharmaceutical revenues in the quarter were $10.9 billion (-6%). Lipitor revenues were $3.1 billion (-7%), Celebrex revenues were $611 million (+2%), Lyrica revenues were $582 million (+47%). Revenues from new products, Sutent and Chantix, were $190 million (+86%) and $277 million (+71%), respectively, despite added warnings to the label of Chantix in January 2008. Revenue decline in the quarter was prima...

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