CLAIM #48432 · Pfizer Inc (PFE) · 2024Q2 earnings call · Jul 30, 2024 · due Dec 31, 2024
“Hey, Evan. So, a bit as I mentioned earlier, yes, we do expect to see continued growth momentum for VYNDA in the back half of this year and going forward for the reasons I described earlier.”
Aamir Malik · EVP, Chief U.S. Commercial Officer
In context
“n we can have the Phase 3 readout. Next question, please. And I think the last question, operator last question, please. We cannot hear the operator. Sorry for this technical problem. The technician just told me to wait a moment, please. Otherwise we will stop the call here. Operator: We'll take our final question from Evan Seigerman with BMO Capital Markets. Evan Seigerman: Hey, guys, thank you for squeezing me in at the end. I would love for some comments on VYNDAQEL given the strength this quarter; you really came in ahead of consensus. Do you expect this continuing in the back half of the year into 2025, and just given the IP in the next couple of years expiring, what can you do to extend this, given the strength of this franchise? Thank you so much. Albert Bourla: Aamir? Aamir Malik: Hey, Evan. So, a bit as I mentioned earlier, yes, we do expect to see continued growth momentum for VYNDA in the back half of this year and going forward for the reasons I described earlier. It may not be at the level that we saw in the first half of the year because of the Q1 bolus of patients, but the combination of what we're doing in terms of physician expansion, investment in driving diagnosis, and tailwinds from IRA reform do give us conviction around short term VYNDAQEL growth. Albert Bourla: Yes. And when it comes to, IP right now, it's very difficult, once the product is getting generic, to be able to fight with a new molecule unless you have substantial differentiation. And, VYNDAQEL has tremendous efficacy. So we do not expect that the market will continue being as big, particularly for us, after we see generics entering into it. So thank you for the question. So I want to make some just closing remarks that we had a very strong first half of the year, and we are c”
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SEC filings for PFE ↗ · Claim quote is verbatim from the 2024Q2 earnings call.