Drugmakers may be delaying price increases to avoid attention [Los Angeles Times (CA)]
Pfizer, Inc. (PFE)
Last pfizer, inc. earnings: 4/28 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
investors.pfizer.com/investors-overview/default.aspx
Company Research
Source: Los Angeles Times
Drugmakers may be delaying price increases to avoid attention With drugmakers under the microscope, price hikes on branded medicines are off to a slow start in 2019. According to a Goldman Sachs analysis, prices were raised on about 27% of the top 500 branded drugs, down from 47% last year. The average list price increase was only 4%, half what it was in 2018. “The lower magnitude of brand price increases could present modest downside risk to wholesaler earnings,” healthcare services analyst Robert Jones wrote in a note to clients. Michael Rea, the founder and chief executive of RX Savings Solutions, anticipates that many pharmaceutical companies will wait to raise drug prices until after the first week of January, when most pricing activity has historically taken place. “People will play the game differently to avoid the spotlight and fly under the radar,” he said. “We think it is worth noting that 98% of the annual January list price increases were taken by this time last year,” Ray
Show less
Read more
Impact Snapshot
Event Time:
PFE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PFE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PFE alerts
High impacting Pfizer, Inc. news events
Weekly update
A roundup of the hottest topics
PFE
News
- Here is What to Know Beyond Why Pfizer Inc. (PFE) is a Trending Stock [Yahoo! Finance]Yahoo! Finance
- Pfizer On The New Lows List. Big Dividend Fails To Attract Buyers. [Forbes]Forbes
- Automation in Biopharma Industry market is projected to grow at a CAGR of 7% by 2034: Visiongain [Yahoo! Finance]Yahoo! Finance
- Ewing Sarcoma Drug Pipeline Market Research 2024: Insights About 25+ Companies and 25+ Pipeline Drugs [Yahoo! Finance]Yahoo! Finance
- Unveiling Pfizer's Potent Cocktail: Key Drivers Of Free Cash Flow Growth [Seeking Alpha]Seeking Alpha
PFE
Earnings
- 1/30/24 - Beat
PFE
Sec Filings
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- 4/16/24 - Form PX14A6G
- PFE's page on the SEC website