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Pfizer-Investor-Overview-at-2026-JPM-vFINAL2.pdf

上传人: 明**** 编号:1069787 2026-01-17 8页 684.57KB

1、1Pfizer Investor OverviewAt 2026 J.P.Morgan Healthcare ConferenceJanuary 20262Forward-Looking Statements and Non-GAAP Financial InformationOur discussions during this presentation will include forward-looking statements that are subject to substantial risks and uncertainties that could cause actual

2、results to differ materially from those expressed or implied by such statements.We include forward-looking statements about,among other topics,our anticipated operating and financial performance,including financial guidance and projections;reorganizations;changes to Pfizers R&D and commercial organi

3、zations;business plans,strategy,goals and prospects;expectations for our product pipeline(including products from completed or anticipated acquisitions),in-line products and product candidates,including anticipated regulatory submissions,data read-outs,study starts,approvals,launches,discontinuation

4、s,clinical trial results and other developing data,revenue contribution and projections,pricing and reimbursement,market dynamics,including demand,market size and utilization rates and growth,performance,timing of exclusivity and potential benefits;the impact and potential impact of tariffs and pric

5、ing dynamics;strategic reviews;leverage and capital allocation objectives;an enterprise-wide cost realignment program(including anticipated costs,savings and potential benefits);a manufacturing optimization program to reduce our cost of goods sold(including anticipated costs,savings and potential be

6、nefits);dividends and share repurchases;plans for and prospects of our acquisitions,dispositions and other business development activities,including our acquisition of Seagen,our acquisition of Metsera and our licensing agreement with 3SBio,and our ability to successfully capitalize on growth opport

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1. **2026财年展望**:预计总收入59.5-62.5亿美元( midpoint 61.0B),剔除新冠产品及专利到期影响后,运营增长约4%。 2. **成本优化**:通过制造优化和成本重组计划,预计2026年实现净成本节省72亿美元,其中5亿美元用于强化研发。 3. **研发里程碑**:2026年关键催化剂包括多款新药(如HYMPAVZI、PADCEV)的监管决策、数据读出及临床试验启动,涵盖肿瘤、血液病等领域。 4. **非GAAP指标**:调整后研发支出10.5-11.5亿美元,调整后稀释每股收益2.80-3.00美元,有效税率约15%。 5. **风险提示**:前瞻性 statements 受制于诸多不确定性(如疫情、政策变化),实际结果可能与预期存在重大差异。
**辉瑞2026展望?** **营收增长动力何在?** **研发管线有何突破?**
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