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CLAIM #48509 · Pfizer Inc (PFE) · 2024Q4 earnings call · Feb 4, 2025 · due Mar 31, 2025

we're now targeting first quarter to have data from the ongoing dose optimization and formulation study, the PK study, and we're on track to deliver that in Q1.

Chris Boshoff · Chief Scientific Officer

CANNOT_DETERMINE
versus commitment · official band 5 percent
Committed
we're now targeting first quarter to have data from the ongoing dose optimization and formulation study, the PK study, and we're on track to deliver that in Q1
Reported
the risk was high enough for us to discontinue the program while still being committed to obesity

In context

k you so much. I have two questions. First, on the danuglipron dose optimization data, it's apparently still on track for the first quarter of this year. What is the range of possible outcomes? And is dropping this version of the compound a possibility? And what would be the next step? Second question is, Chris Boshoff, I assume he's on the line. Under the heading of nothing is perfect, can you share with us two or three things in the Pfizer R&D portfolio or system that you think need to be fixed? New leaders usually say they want to move quicker, but sometimes they also thoroughly go through the portfolio and shed many projects. Is that also a possibility? Thank you. Albert Bourla: Chris? Chris Boshoff: So we start with danu. So for danu, just to be clear, we and as we stated previously, we're now targeting first quarter to have data from the ongoing dose optimization and formulation study, the PK study, and we're on track to deliver that in Q1. And we haven't seen the data yet, but obviously, that data will then determine decisions for the future of danuglipron. On your second question, as we've recently announced, we already focused our portfolio further. We've now established four end-to-end therapeutic areas: oncology, vaccines, internal medicine and I&I. And part of that will be to focus on those opportunities that could provide the biggest value both for patients but also for Pfizer. So you will see during the coming months how we further focus and execute and accelerate those medicines, we believe, could be potential future blockbusters. Albert Bourla: Thank you, Chris. And Steve, you're right, usually new leaders are taking their time to assess. But the good news with Chris is that he knew really the Pfizer organization.

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SEC filings for PFE · Claim quote is verbatim from the 2024Q4 earnings call.