$PFE (Pfizer Inc.)

$PFE {{ '2016-03-18T19:07:41+0000' | timeago}} • SEC

$PFE's effective tax rate for 2015 fell to 22.2% from 25.5% last year. This decline was primarily result of change in jurisdictional mix of earnings, non-recurrence of non-deductibility of charge to account for additional year of Branded Prescription Drug Fee, and tax benefits associated with certain tax initiatives.

$JNJ {{ '2017-10-17T19:25:16+0000' | timeago}} • Webcast

$JNJ said, "The key factor to Remicade being successful is physicians and patients have a high confidence in it based on experience that they don't want to switch to an alternative." The company was responding to a question on rival $PFE's lawsuit against it for allegedly using unfair means to protect Remicade from competitors.

$AGN {{ '2017-10-12T22:44:22+0000' | timeago}} • Announcement

$AGN, which inked a controversial patent deal with Mohawk Tribe, reached a patent litigation settlement on its dry eye treatment drug Restasis with InnoPharma, a unit of $PFE. The litigation, which was filed in Sept. 2015 by Allergan, will be withdrawn and Allergan will grant license to InnoPharma to market Restasis from Feb. 2024 or earlier.

$LLY {{ '2017-09-28T21:06:48+0000' | timeago}} • Announcement

FDA approves $LLY's breast cancer drug Verzenio (abemaciclib), which will compete with $PFE's Ibrance and $NVS' Kisqali drugs. Verzenio works by blocking certain molecules involved in promoting the growth of cancer cells. The National Cancer Institute estimated that approximately 252,710 women will be diagnosed with breast cancer this year.

$PFE {{ '2017-09-27T12:44:41+0000' | timeago}} • Announcement

$PFE declared 4Q17 dividend of $0.32 per share, payable Dec. 1, 2017, to shareholders of record at the close of business on Nov. 10, 2017. This cash dividend will be the 316th consecutive quarterly dividend paid by the company.

$PFE {{ '2017-09-27T12:19:24+0000' | timeago}} • Announcement

$PFE receives approval for BAVENCIO to treat Merkel cell carcinoma (MCC), a rare type of skin cancer, in Japan. This is the first-ever treatment indicated for curatively unresectable MCC and first anti-PD-L1 to be available in Japan.

$PFE {{ '2017-09-20T18:14:48+0000' | timeago}} • Announcement

$PFE filed a lawsuit against $JNJ over anticompetitive practices. The lawsuit alleges J&J violated federal antitrust laws by signing exclusionary contracts with health insurers, hospitals and doctor groups to ensure its medicine Remicade was given preferential treatment over Pfizer's new biosimilar Inflectra.

$MYL {{ '2017-09-08T21:46:48+0000' | timeago}} • Announcement

$MYL issued statement on warning letter issued to $PFE's EpiPen auto-injector manufacturing site. Pfizer is continuing to work with the FDA to resolve the points raised in the warning letter regarding Pfizer’s manufacturing of the EpiPen products and Mylan will do whatever it can to support this process.

$MYL {{ '2017-09-08T21:46:14+0000' | timeago}} • Announcement

$MYL issued statement on warning letter issued to $PFE's EpiPen auto-injector manufacturing site. The letter was issued in connection with FDA's inspection of Pfizer’s pharmaceutical manufacturing facility located in Brentwood, Missouri, where the EpiPen products are manufactured.

$PFE {{ '2017-08-29T14:05:59+0000' | timeago}} • Announcement

$PFE and $BMY presented investigational Eliquis data for patients with non-valvular atrial fibrillation undergoing cardioversion. The outcomes measured in EMANATE, a Phase 4 clinical trial, were the occurrence of acute stroke, systemic embolism, major bleeding, clinically relevant non-major bleeding and all-cause death.

$PFE {{ '2017-08-17T19:23:27+0000' | timeago}} • Announcement

The US FDA has approved $PFE's rare blood cancer drug BESPONSA. The U.S. labeling for BESPONSA includes a boxed warning for hepatotoxicity, including hepatic veno-occlusive disease (VOD) and increased risk of post-HSCT non-relapse mortality.

$PFE {{ '2017-08-01T18:57:28+0000' | timeago}} • Webcast

$PFE expects five different potential blockbuster approvals in Oncology division and three potential blockbusters in Vaccines over the next five years. In addition, the company has 14 distinct biosimilar assets in the pipeline, eight of which are in mid-to-late stage development and six assets are in the early stage.

$PFE {{ '2017-08-01T18:56:05+0000' | timeago}} • Webcast

Over the next five years, $PFE projects the potential for about 25 to 30 approvals, of which up to 15 have the potential to be blockbusters. The company expects to receive approval for half of those potential blockbusters by 2020.

$PFE {{ '2017-08-01T14:15:55+0000' | timeago}} • Announcement

Top sellers including Lyrica, Ibrance and Eliquis produced higher sales, helping lift sales from $PFE’s Innovative Health segment by 8% in 2Q17. The company's Essential Health segment had sales dip 14% mostly due to few products losing marketing exclusivity. Sales of rheumatoid arthritis treatment Enbrel tumbled 20% on competition from biosimilars.

$PFE {{ '2017-08-01T14:05:53+0000' | timeago}} • Announcement

$PFE raised the low end of its FY17 adjusted earnings guidance, citing reduced expenses and higher-than-expected royalty income from certain products. The drugmaker now expects earnings in a range of $2.54 to $2.60 per share, compared to its prior forecast of $2.50 to $2.60. It still expects to generate between $52-54Bil of sales this year.

$PFE {{ '2017-08-01T14:04:26+0000' | timeago}} • Announcement

With rising sales from key products, profit at $PFE grew 50% YoY in 2Q17, but sales dropped for the third quarter in a row. The company attributes the 2% decline in sales to the divestment of its infusions business and foreign exchange fluctuations. The Viagra maker posted earnings of $3.1Bil, or $0.51 per share, on revenue of $12.9Bil.

$PFE {{ '2017-08-01T11:56:57+0000' | timeago}} • Infographic

$PFE Pfizer Earnings AlphaGraphic: Q2 2017 Highlights

$BIIB {{ '2017-07-25T14:47:25+0000' | timeago}} • Announcement

$BIIB, which competes with $ABT and $PFE, posted record 2Q17 revenue, on strong Spinraza demand in the US, though YoY profit fell 18% on higher expenses. Net earnings attributable to Biogen plunged to $862.8MM, while diluted EPS fell 15.03% to $4.07. Revenue, however, jumped 6% to $3.1Bil. $BIIB lifted its outlook due to strong Spinraza sales.

$PFE {{ '2017-07-24T15:56:36+0000' | timeago}} • Announcement

$PFE's REFLECTIONS B7391003 study, a comparative, confirmatory safety and efficacy study of PF-06439535 versus Avastin, met its primary objective. PF-06439535 is being developed by $PFE as a potential biosimilar to Avastin. Results demonstrate equivalence in objective response rate in patients with advanced non-squamous non-small cell lung cancer.

$MRK {{ '2017-07-21T15:21:07+0000' | timeago}} • Announcement

President Donald Trump announced that pharma giants $MRK and $PFE are collaborating with Gorilla Glass manufacturer Corning ($GLW) for manufacturing a new glass (Valor Glass), which is superior and reliable for the delivery of injectable drugs. Corning is planning to initially invest $500MM creating 1,000 jobs at 3 facilities in US.

$PFE {{ '2017-07-13T12:13:49+0000' | timeago}} • Announcement

The FDA has accepted $PFE's filing of supplemental New Drug Application (sNDA) for XELJANZ (tofacitinib citrate), an investigational oral treatment for adult patients with moderately to severely active ulcerative colitis. The FDA has provided an anticipated Prescription Drug User Fee Act action date in March 2018 for the sNDA.

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