05.05.2010 • NewsPfizerQ1 2010Wyeth

Pfizer Profit Beats, Forecast Unhurt by Reform

Pfizer reported better-than-expected first-quarter profit and revenue, and reaffirmed its full-year earnings forecast despite costs of recently approved U.S. healthcare reforms.

The world's biggest drugmaker, which in October completed its $67 billion purchase of U.S. rival Wyeth, earned $2.03 billion, or 25 cents per share in the quarter. That compared with $2.73 billion, or 40 cents per share, in the year-earlier period.

Excluding special items, Pfizer earned 60 cents per share. Analysts on average expected 53 cents per share, according to Thomson Reuters I/B/E/S.

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28.07.2025 • NewsChemistry

VCI Welcomes US-EU Customs Deal

The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.