Financial News

Financial Report: Pfizer

Innovative Health sales were $7.8 billion in the quarter, up 6%

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By: Kristin Brooks

Managing Editor, Contract Pharma

Pfizer 1Q Revenues: $12.9 billion (+1%) 1Q Earnings: $3.6 billion (+14%) Comments: Innovative Health sales were $7.8 billion in the quarter, up 6% driven by continued growth from key brands including Ibrance, Eliquis and Xeljanz. Global operational revenue growth for Ibrance, Eliquis and Xeljanz was 35%, 30% and 29%, respectively. This growth was partially offset by the loss of exclusivity of Viagra in the U.S. Also, in the U.S., Prevnar 13 revenues were down 12%, primarily due to lower gover...

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