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Pfizer Inc (N:PFE)

Business Focus: Pharmaceuticals

Sector:  Healthcare Industry:  Pharmaceuticals
 
See Regulatory Filings on SEC
Company Contact
Address: 66 HUDSON BOULEVARD EAST
NEW YORK NY 10001-2192
Tel: N/A
Website: https://www.pfizer.com
IR: See website
Key People
Albert Bourla
Chairman of the Board, Chief Executive Officer
Michael Mcdermott
Executive Vice President, Chief Global Supply Officer
David M. Denton
Executive Vice President, Chief Financial Officer
Payal Sahni
Executive Vice President, Chief People Experience Officer
Lidia L. Fonseca
Executive Vice President, Chief Digital and Technology Officer
Rady A. Johnson
Executive Vice President, Chief Compliance, Quality and Risk Officer
Douglas M. Lankler
Executive Vice President, General Counsel
Chris Boshoff
Executive Vice President, Chief Oncology Officer
Alexandre De Germay
Executive Vice President, Chief International Commercial Officer
Aamir Malik
Executive Vice President, Chief US Commercial Officer
   
Business Overview
Pfizer Inc. is a research-based global biopharmaceutical company. The Company is engaged in the discovery, development, manufacture, marketing, sale and distribution of biopharmaceutical products worldwide. Its Biopharma segment is engaged in the science-based biopharmaceutical business. Its Biopharma segment includes the Pfizer Oncology Division, the Pfizer U.S. Commercial Division, and the Pfizer International Commercial Division. Its product categories include oncology, primary care and specialty care. Its Oncology products include Ibrance, Xtandi, Inlyta, Bosulif, Lorbrena, Braftovi, Mektovi, Padcev, Adcetris, Talzenna, Tukysa, Elrexfio and Tivdak. Its primary care products include Eliquis, Nurtec ODT/Vydura, Comirnaty, the Prevnar family, Abrysvo, FSME/IMMUN-TicoVac, Paxlovid and Lucira by Pfizer. Its specialty care products include Xeljanz, Enbrel (outside the U.S. and Canada), Inflectra, Cibinqo, Litfulo, Vyndaqel family, Genotropin, Sulperazon, Zavicefta, Medrol and Panzyga.
Financial Overview
For the fiscal year ended 31 December 2023, Pfizer Inc revenues decreased 42% to $58.5B. Net income before extraordinary items decreased 93% to $2.13B. Revenues reflect United States segment decrease of 36% to $27.09B, Developed Europe segment decrease of 47% to $11.65B. Net income also reflects Certain asset impairments increase from $421M to $3.02B (expense), Amortization of intangible assets increase of 31% to $4.73B (expense).