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Pfizer raises 2026 forecast on strong demand for blood thinner Eliquis

Reuters
Pfizer raises 2026 forecast on strong demand for blood thinner Eliquis

Nov 2 (Reuters) - ‌Pfizer raised its annual ​profit ‌and revenue forecasts on ‌Tuesday, banking on strong demand ‌for its blood thinner Eliquis.

The U.S. drugmaker expects annual ⁠sales of $62 ‌billion to $64.0 ⁠billion, up from $60.5 billion ​to $62.5 billion forecast previously. It expects ​to earn ​adjusted ‌per-share of $2.95 to $3.05 this ​year, ⁠compared with previous ‌forecast of $2.80 ​to $3.00 ​per share.

Analysts' on average were expecting annual per-share profit ‌of $2.96 and 2026 revenue of $62.17 ‌billion.

(Reporting by ​Christy Santhosh and Mariam Sunny in Bengaluru; Editing ‌by Arun Koyyur)