RUSH TRANSCRIPT Liz a ░░░░░░░░ on both its top ░░░░░░░░ bottom line not enough ░░░░░░░░ lift Pfizer s stock ░░░░░░░░ is moving low lower ░░░░░░░░ three the quarters of ░░░░░░░░ percent The revenue and ░░░░░░░░ while they did beat ░░░░░░░░ down a third from ░░░░░░░░ a year ago Why ░░░░░░░░ that the Sales of ░░░░░░░░ s vaccine plummeted 75 ░░░░░░░░ to the same quarter ░░░░░░░░ year And while sales ░░░░░░░░ antiviral or pill paxlovid ░░░░░░░░ 2 8 billion year ░░░░░░░░ year Pfizer kid the ░░░░░░░░ that it sees paxlovid ░░░░░░░░ for 2023 of approximately ░░░░░░░░ billion that is down ░░░░░░░░ from last year As ░░░░░░░░ gets further in the ░░░░░░░░ mirror what s the ░░░░░░░░ big thing for the ░░░░░░░░ pharma company We want ░░░░░░░░ bring in the chairman ░░░░░░░░ CEO Albert Bourla Great ░░░░░░░░ you here Listen the ░░░░░░░░ vaccine was a lifesaver ░░░░░░░░ now you re anticipating ░░░░░░░░ all revenues to declean ░░░░░░░░ over year What is ░░░░░░░░ year over year What ░░░░░░░░ Pfizer s plan cho ░░░░░░░░ change the narrative in ░░░░░░░░ Thank you for having ░░░░░░░░ Our mission is to ░░░░░░░░ breakthrough that saves patients ░░░░░░░░ So that s what ░░░░░░░░ continue doing and that ░░░░░░░░ what we plan to ░░░░░░░░ We as you know ░░░░░░░░ have announced a major ░░░░░░░░ of a company called ░░░░░░░░ S the a proposal ░░░░░░░░ It is still under ░░░░░░░░ reviews The company has ░░░░░░░░ technology that s called ░░░░░░░░ what mrnas are for ░░░░░░░░ You can use the ░░░░░░░░ to attack cancer cells ░░░░░░░░ different types So cancer ░░░░░░░░ one of the fastest ░░░░░░░░ therapeutic areas it is ░░░░░░░░ concern for every household ░░░░░░░░ all every single corner ░░░░░░░░ the world And Pfizer ░░░░░░░░ committed to provide the ░░░░░░░░ as we did during ░░░░░░░░ pandemic Liz I know ░░░░░░░░ s a hong way ░░░░░░░░ because there s so ░░░░░░░░ steps to take but ░░░░░░░░ it be a blockbuster ░░░░░░░░ Oh yes And not ░░░░░░░░ one many Many They ░░░░░░░░ four drugs that have ░░░░░░░░ approved not long time ░░░░░░░░ and eleven major projects ░░░░░░░░ their pipeline ads with ░░░░░░░░ edge Imagine the capabilities ░░░░░░░░ Pfizer and expect wonderful ░░░░░░░░ that the people of ░░░░░░░░ have cone but now ░░░░░░░░ capabilities of Pfizer with ░░░░░░░░ scale up in manufacturing ░░░░░░░░ of development medicinal science ░░░░░░░░ think we can make ░░░░░░░░ huge difference in the ░░░░░░░░ Liz there are people ░░░░░░░░ right now who east ░░░░░░░░ cancer or have is ░░░░░░░░ somebody they love to ░░░░░░░░ So they re waiting ░░░░░░░░ baited breath But this ░░░░░░░░ process of the FDA ░░░░░░░░ to go through so ░░░░░░░░ steps you know we ░░░░░░░░ back to operation warp ░░░░░░░░ which eliminated many of ░░░░░░░░ so this country could ░░░░░░░░ quickly come out with ░░░░░░░░ vaccine which you and ░░░░░░░░ were able to do ░░░░░░░░ that was a heroic ░░░░░░░░ Do you think that ░░░░░░░░ we need to move ░░░░░░░░ with being like operation ░░░░░░░░ speed for therapies for ░░░░░░░░ very difficult diseases like ░░░░░░░░ and ahs als I ░░░░░░░░ so I think so ░░░░░░░░ everybody s asking if ░░░░░░░░ were able to do ░░░░░░░░ for Covid why not ░░░░░░░░ cancer Why not for ░░░░░░░░ s als I think ░░░░░░░░ need to learn from ░░░░░░░░ that went well during ░░░░░░░░ and of course everything ░░░░░░░░ didn t go so ░░░░░░░░ during Covid is And ░░░░░░░░ improve our processes so ░░░░░░░░ we can bring way ░░░░░░░░ medicines faster to the ░░░░░░░░ that need it Liz ░░░░░░░░ senator gillibrand of New ░░░░░░░░ State is trying to ░░░░░░░░ through legislation and she ░░░░░░░░ introduced it that actually ░░░░░░░░ accelerate the FDA s ░░░░░░░░ approval process Are you ░░░░░░░░ of those conversations We ░░░░░░░░ discussing everything that has ░░░░░░░░ do with on health ░░░░░░░░ we do not take ░░░░░░░░ here on the two ░░░░░░░░ of the aisle everything ░░░░░░░░ can enhance the ability ░░░░░░░░ science to bring medicines ░░░░░░░░ the world is something ░░░░░░░░ we support Liz you ░░░░░░░░ we talk about diseases ░░░░░░░░ problems people face all ░░░░░░░░ time migraines You ve ░░░░░░░░ two drugs one is ░░░░░░░░ spray for migraine another ░░░░░░░░ the odt which you ░░░░░░░░ through the acquisition of ░░░░░░░░ I would think that ░░░░░░░░ could be real winners ░░░░░░░░ you talk about the ░░░░░░░░ revenue that those drugs ░░░░░░░░ be able to bring ░░░░░░░░ a windfall for Pfizer ░░░░░░░░ I think they are ░░░░░░░░ the first one alone ░░░░░░░░ made the huge tremendous ░░░░░░░░ in the life of ░░░░░░░░ It is a life ░░░░░░░░ event when people are ░░░░░░░░ this medicine And that ░░░░░░░░ seen in the way ░░░░░░░░ it is prescribed right ░░░░░░░░ ands the endorsed by ░░░░░░░░ all over the United ░░░░░░░░ Now we are bringing ░░░░░░░░ one which is for ░░░░░░░░ acute cases and I ░░░░░░░░ the two of them ░░░░░░░░ make a huge difference ░░░░░░░░ spoke at the acquisition ░░░░░░░░ bring 6 billion of ░░░░░░░░ Liz 6 billion in ░░░░░░░░ I knew there were ░░░░░░░░ lot of people out ░░░░░░░░ Laughter I know some ░░░░░░░░ them who get migraines ░░░░░░░░ with please come back ░░░░░░░░ want to continue to ░░░░░░░░ the cancer story the ░░░░░░░░ therapies that are coming ░░░░░░░░ We really want to ░░░░░░░░ to bring that story ░░░░░░░░ our viewers Absolutely Thank ░░░░░░░░ very much Please forgive ░░░░░░░░ the thank you for ░░░░░░░░ me the sage to ░░░░░░░░ with your viewers Liz ░░░░░░░░ it s a pleasure ░░░░░░░░ have coming right back ░░░░░░░░ much more ahead Still ░░░░░░░░ on the screen at ░░░░░░░░ moment.