CLAIM #48327 · Pfizer Inc (PFE) · 2023Q4 earnings call · Jan 30, 2024 · due Dec 31, 2026
“And when we have that in place, we see upside momentum from the launch.”
Aamir Malik · EVP, Chief U.S. Commercial Officer
How to check this claim
Look at: VELSIPITY U.S. revenue/sales (quarterly, as reported)
It came true if: Sequential quarter-over-quarter VELSIPITY sales growth accelerates versus prior quarters after broad access is secured
Where: Pfizer quarterly earnings report / 10-Q product revenue disclosures
In context
“g with an injection or infusion. So about 80% of those patients that haven't progressed to an advanced therapy prefer an oral option, but only about 10% of those patients actually get one. So there's a very clear need here that VELSIPITY can help us fit. And the benefit risk profile for VELSIPITY is also very, very strong. So we approved -- we received approval at the end of last year. And so we've invested efforts in building HCP and patient awareness on the label and on the value proposition. But I just want to remind you that with any immuno-inflammatory product, it takes time to get broad national access. And that is where our focus is right now is ensuring that we secure VELSIPITY access as a first-line advanced therapy oral option, and that's going to take some time to put in place. And when we have that in place, we see upside momentum from the launch. Albert Bourla: What about Abrysvo? Aamir Malik: On Abrysvo, I'll comment briefly on the adult and then on the maternal. On the adult vaccine, I think the market was clearly ahead of everyone's expectations and not limited by shared clinical decision-making versus a routine recommendation. We would like to do better than the 30-some percent share that you referred to as well. So we're very focused going forward on retail contracting for the '24, '25 season. But I will also mention that we are doing that with real thoughtfulness on ensuring that we secure a profitable share in those contracts and also differentiating using our maternal indication. We also see opportunities in the non-retail setting, where for example, with the system and with IDNs, we have strong share. And we're going to a”
Verify independently
SEC filings for PFE ↗ · Claim quote is verbatim from the 2023Q4 earnings call.