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Pfizer faces challenges as share price shows mixed performance in 2025
Pfizer is navigating challenges, including a reinstated lawsuit affecting its diversity fellowship program, which has pressured its share price. As of January 9, 2025, shares closed at EUR 26.03, reflecting a slight decline, while UBS and JPMorgan maintain a "Neutral" rating with price targets of USD 29 and USD 30, respectively. Despite uncertainties, Pfizer reported strong fourth-quarter results, exceeding expectations with revenues of $17.76 billion, and is targeting sales of $61 to $64 billion for 2025.
UBS has increased its price target for JPMorgan from $276 to $287, maintaining a "Buy" rating, following strong fourth-quarter results. Analyst Erika Najarian highlighted the bank's robust business development and alignment with key themes for 2025, including capital market recovery and US economic resilience.
jpmorgan conference highlights major acquisitions and strategic plans in healthcare industry
At the J.P. Morgan Healthcare Conference, Pfizer CEO Albert Bourla addressed an impending $17B 'LOE wave' due to patent losses, while highlighting acquisitions expected to generate $20B in annual sales by 2030. Johnson & Johnson announced a $14.6B acquisition of Intra-Cellular Therapies, aiming to enhance its portfolio with the FDA-approved drug Caplyta. Meanwhile, Moderna revealed a significant cut to its 2025 sales guidance, prompting a 20% drop in its stock.
pfizer and sandoz settle patent dispute over mektovi cancer drug copies
Pfizer's Array BioPharma and Sandoz have settled a patent-infringement lawsuit regarding generic versions of the skin-cancer drug Mektovi. The settlement prevents Sandoz from launching its generic products until the expiration of six asserted patents, with three expiring in October 2033, two in August 2030, and one in July 2031.
global cancer immunotherapy market projected to reach 236.9 billion by 2030
The global cancer immunotherapy market is projected to reach $135.2 billion in 2024, growing at a CAGR of 9.8% to $236.9 billion by 2030, driven by rising cancer prevalence and demand for effective treatments. North America leads the market, while Asia-Pacific is the fastest-growing region. Monoclonal antibodies dominate the product segment, with lung cancer applications holding the largest market share, and breast cancer expected to grow the fastest.
indexes decline as economic data raises inflation concerns and rate cut fears
U.S. stock indexes closed lower on Tuesday, led by a nearly 2% drop in the Nasdaq, as strong economic data raised inflation concerns and clouded expectations for rate cuts. The Dow fell by over 150 points, while Treasury yields surged, with the 10-year yield reaching its highest since April at 4.691%. Vaccine stocks like Moderna and Pfizer saw gains following the first reported bird flu death in the U.S. this week.
crispr therapeutics proposes briggs morrison for board of directors
CRISPR Therapeutics has proposed the election of Briggs Morrison, M.D., to its Board of Directors at the upcoming annual general meeting. With over 30 years in the pharmaceutical industry, Morrison brings extensive experience in clinical development, having overseen the approval of several notable drugs. He expressed enthusiasm for joining the innovative company and contributing to its mission of developing transformative gene-based medicines.
crispr therapeutics proposes briggs morrison for board of directors election
CRISPR Therapeutics has proposed the election of Briggs Morrison, M.D., to its Board of Directors at the upcoming annual general meeting. With over 30 years in the pharmaceutical industry, including leadership roles at AstraZeneca and Pfizer, Morrison's expertise in clinical development is expected to enhance the company's innovative pipeline. He has overseen the development of notable drugs such as Tagrisso®, Imfinzi®, and Lynparza®.
semaglutides market projected to reach 36.87 billion by 2028
The semaglutides market is projected to grow from $20.54 billion in 2023 to $36.87 billion by 2028, driven by rising diabetes prevalence and increased demand for effective treatments. Key players are innovating with GLP-1 receptor analogues and oral formulations to enhance patient adherence and reduce side effects. North America leads the market, while Asia-Pacific is expected to be the fastest-growing region.
roche set to lead global pharma sales in 2025 as rivals rise
Roche is projected to lead the pharmaceutical industry in sales by 2025, despite not having any products in the top drug rankings. Eli Lilly and Novo Nordisk are expected to rise in the rankings, with combined sales from their GLP-1 drugs surpassing $70 billion this year. Meanwhile, Pfizer is anticipated to drop from fifth to ninth place, while Merck & Co. and AbbVie are expected to secure the second and third spots, respectively.
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