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Pfizer seeks breakthrough with new product lineup amid patent expiration risks

The Motley Fool +1 ·

PFE Pfizer Inc
$28.00 +1.82%
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  1. 1Pfizer exceeded revenue estimates in 9 out of the last 10 reported quarters and exceeded earnings per share estimates in 10 quarters.
  2. 2Eliquis and Ebrenzo accounted for approximately 23% of Pfizer's $15 billion revenue in the second quarter.
  3. 3Pfizer is currently conducting 31 Phase 3 clinical studies.

So what's the key point?

Pfizer has consistently earned more revenue and profit than experts expected. The company is looking for a breakthrough by conducting research to create 31 new drugs.

Source The Motley Fool +1 · View original ↗

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