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

 
• By Jessica Merrill
  
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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...

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