CLAIM #48417 · Pfizer Inc (PFE) · 2024Q2 earnings call · Jul 30, 2024 · due Jul 30, 2025
“Moving forward, we see significant growth behind Nurtec.”
Alexandre de Germay · EVP, Chief International Commercial Officer
In context
“in Nurtec demand. We'll continue to manage the gross to net dynamics of that business, but we are optimistic about where we take it from here. Albert Bourla: Thank you. Alexandre? Alexandre de Germay: Yes. On the international front, we also have expanded access and the numbers of countries that we have introduced the product. As you know, the growth that you see in the second quarter versus the first quarter of 2024 is really the effect of the introduction of Nurtec in China at the beginning of this quarter. As of today, we have Nurtec reimbursed in 15 countries, including some of our key markets like UK, Spain. And what we see is once we get reimbursement, we had a significant uplift of the demand. And so our focus now is to increase access and reimbursement in some of our key markets. Moving forward, we see significant growth behind Nurtec. And the reason behind that is there is to the international level, less than half of the diagnosed patients that are treated with prescription medicine. So that's why we think we have an opportunity with Nurtec. Albert Bourla: And I believe, Alexandre, that this year, we got almost 55 countries registered Nurtec in international markets, 55 markets on [indiscernible] 15 received already reimbursement, and we are waiting for the remaining 40 to receive reimbursement. Let's move to the next question. Operator: Our next question comes from Akash Tewari with Jefferies. Akash Tewari: Hey, thanks so much. On next-gen Prevnar, your team has been fairly quiet on its profile. Let's say that the next-gen product only hits 27 serotypes and not 31 like some of your peers. Why should we feel confident”
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SEC filings for PFE ↗ · Claim quote is verbatim from the 2024Q2 earnings call.