Pfizer Inc at JPMorgan Healthcare Conference Transcript
Good morning, everybody. I'm Chris Schott from JPMorgan, and it's my pleasure to be hosting this fireside chat with Albert Bourla, Chairman and CEO of Pfizer. Albert, Happy New Year. Great to be speaking with you again today. I know you want to make some opening remarks, then we'll jump into the discussion from there.
So over to you.
Of course. If you can advance the slide. I wanted to say, first of all, that 2025 was for Pfizer, a good year. We had a good financial performance. We have three consecutive earnings that we beat both revenues and profitability. And we were able to improve margins by taking out $5.6 billion of OpEx between '24 and '25.
Now I don't know many companies that they can do $5.6 billion of cost in '24 and '25 and have four in '24 and three in '25 consecutive quarters that you are beating expectations. I think that's a testament to the company is good when it comes to execution. The other
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