Pfizer Bullish On Danuglipron’s Position In Oral GLP-1 Race

The company believes it still has a good shot at getting an oral GLP-1 to market ahead of many competitors, if not necessarily ahead of Lilly.

Pfizer reported second quarter financial results • Source: Shutterstock

Despite setbacks, Pfizer Inc. believes its oral GLP-1 agonist danuglipron remains in a competitive position versus rivals. Investors are hyper-focused on the development of danuglipron for obesity, even though it remains relatively early days, because of the multibillion-dollar market opportunity and the fast-changing competitive dynamics.

Key Takeaways
  • Pfizer reported solid second quarter sales and earnings growth, given declining sales of the COVID-19 vaccine Comirnaty, offset by legacy Seagen products.

During Pfizer’s second quarter sales and earnings call on 30 July, CEO Albert Bourla said the company hopes to move...

Welcome to Scrip

Create an account to read this article

More from Earnings

Japan Results Roundup: Reduced Forex Impact, Uncertain US Tariff Outlook

 
• By 

Most major Japanese firms report generally positive fiscal first quarter results, led by mainstay growth and despite lower currency effects. But the future impact of any US pharma tariffs remains an overhang.

S&E In Brief: Launch Updates And Political Headwinds

 

Madrigal and Syndax update investors on their key launches, while Merck KGaA weighs in on the possibility of direct-to-consumer sales in the US.

Lupin Confident Of US Growth On Tariff Mitigation, Rides High On Tolvaptan

 
• By 

Lupin is hoping moves like intellectual property transfer for some products to the US will help mitigate the tariff impact even as it counts on growth from planned launches of GLP-1s and biosimilars while riding high on tolvaptan launched in Q1.

Genmab/AbbVie’s Epkinly Likely To See Label Expansion After Phase III Win

 

The FDA is expected to rule on the anti-CD20xCD3 bispecific combined with rituximab/lenalidomide in second-line follicular lymphoma in November.

More from Business

Japan Results Roundup: Reduced Forex Impact, Uncertain US Tariff Outlook

 
• By 

Most major Japanese firms report generally positive fiscal first quarter results, led by mainstay growth and despite lower currency effects. But the future impact of any US pharma tariffs remains an overhang.

In Brief: Bayer Commits Up To $1.3bn For Kumquat’s KRAS G12D Inhibitor

 

Deal Snapshot: Bayer will take over development of the asset once Kumquat completes a Phase Ia clinical trial, but the biotech firm may opt in to share US profits and losses.

S&E In Brief: Launch Updates And Political Headwinds

 

Madrigal and Syndax update investors on their key launches, while Merck KGaA weighs in on the possibility of direct-to-consumer sales in the US.