CLAIM #48463 · Pfizer Inc (PFE) · 2024Q3 earnings call · Oct 29, 2024 · due Dec 31, 2025
“I think what our performance to date as well as the quarter, which show us is that these are both entering into a category where we understand what the volumes are likely to be. And we believe these are going to be durable businesses going forward.”
Chris Boshoff · Chief Oncology Officer
In context
“proof of concept. And that did not even include early signals in clinical development. Operator: We'll take our next question from Steve Scala with TD Cowen. Steve Scala: Pfizer has previously stated, it anticipated having visibility on long-term COVID product sales based on 2024 trends. Since we are now nearing the end of 2024, I'm wondering what that long-term number is? And then secondly, does Pfizer have the Phase III booster data for the RS vaccine in adults in-house? And if yes, does the data show a similar step-down in Booster immunogenicity as did the GSK vaccine? Albert Bourla: All right. So on the stability, let's -- maybe [indiscernible] you want to make a [indiscernible]. Chris Boshoff: Let me just comment on performance. I think, Steve, I think both on PAXLOVID and COMIRNATY. I think what our performance to date as well as the quarter, which show us is that these are both entering into a category where we understand what the volumes are likely to be. And we believe these are going to be durable businesses going forward. So just as an example, on PAXLOVID, even if you take the onetime items that Dave alluded to aside for a moment, we've seen significant PAXLOVID treatment course utilization, right? Even just in the summer wave that happened over the course of the third quarter, we saw an average of about 100,000 courses of treatment at the start of July, growing to about 225,000 treatment courses in mid-August before that wave declined. And we've built a very durable commercial engine to support that with increasing treatment rates, with very viable reimbursement, both on the government side as well as on the commercial side and a way to activate HCPs and consumers who need our treatment. And similarly, on the vaccine, our goal this year with COMIRNATY, and we had the benefit of being able to start 3 week”
Verify independently
SEC filings for PFE ↗ · Claim quote is verbatim from the 2024Q3 earnings call.