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Pfizer reports Q1 2025 revenue down 7.8%, citing Paxlovid sales slump and profit drop.
Pfizer's Q1 2025 revenue fell 7.8% to $13.72 billion, missing analysts' expectations.
The company cited declining sales of its Paxlovid treatment and a 9.9% drop in profits.
Despite this, Pfizer maintained its full-year revenue forecast of $62.5 billion and projected cost savings of $1.7 billion.
Pfizer's CEO noted that uncertainty over potential Trump administration tariffs is hindering investment in U.S. operations.
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Pfizer informa que los ingresos del primer trimestre de 2025 bajaron un 7,8%, citando la caída de las ventas de Paxlovid y la caída de las ganancias.