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Key FactsPfizer announces two approvals before quarterly results
Apr 30, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: deraktionaer.de
  • At the start of the week, the FDA approved Tivdak for recurrent or metastatic cervical cancer.

  • Tivdak contains tisotumab vedotin, an antibody-drug conjugate Pfizer acquired through its takeover of Seagen.

  • The previous week, the FDA approved Beqvez for adults with hemophilia B; the gene therapy costs $3.5 million.

  • On average, analysts expect $13.9 billion revenue, $3.97 billion EBIT, and earnings of $0.31 or adjusted $0.52 per share on May 8.