Pfizer raises 2026 forecasts as Eliquis, cancer drugs drive Q3 beat Reuters
Pfizer raises 2026 forecasts as Eliquis, cancer drugs drive Q3 beat - Reuters
In short
Strong quarterly performance was supported primarily by the robust sales generated from the company's oncology portfolio and the blood thinner Eliquis. These revenue drivers propelled the pharmaceutical firm to beat earnings expectations during the third quarter. Following this stronger-than-anticipated run, the company has officially lifted its financial projections through the year 2026.
Key points
- Key commercial therapies in oncology and cardiovascular care remain pivotal drivers of co…: Key commercial therapies in oncology and cardiovascular care remain pivotal drivers of corporate growth.
- Outperforming quarterly expectations has positioned the pharmaceutical firm to establish…: Outperforming quarterly expectations has positioned the pharmaceutical firm to establish higher long-term financial forecasts.
- The company enters future quarters with increased momentum thanks to strong performances…: The company enters future quarters with increased momentum thanks to strong performances from core branded medications.