Pfizer, Inc. · NYSE:PFE
Pfizer — Goldman Sachs Global Healthcare Conference 2008
22 slides from Pfizer's conference presentation, Jun 11, 2008
Slide 1: Goldman Sachs Global Healthcare Conference
Goldman Sachs Global Healthcare Conference Martin Mackay President, Global Research & Development June 11, 2008
Slide 2: Forward-Looking Statements And Non-GAAP Financial Information
Forward-Looking Statements And Non-GAAP Financial Information Discussions at this meeting will include forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements. The factors that could cause actual results to differ are discussed in P
Slide 3: Our Path Forward
Our Path Forward Maximize Revenues from Existing, New and Diverse Sources Take Advantage of Size, Scale of Pfizer Establish a Lower, More Operate with Agility, Flexible Cost Base Speed, Focus of an Entrepreneurial Organization Innovate Our Business Model Drive Greater Total Shareholder Return
Slide 4: Our Path Forward: Strategies For Growth
Our Path Forward: Strategies For Growth US Lipitor Post Today LOE Lipitor Optimize the Patent-Protected Portfolio Maximize the Value of New and Inline Products Advance Compounds in the Pipeline Maximize Revenues Capitalize on Established Products Sustainable TSR Growth Grow in Emerging Markets
Slide 5: Optimizing The Patent Protected Portfolio
Optimizing The Patent Protected Portfolio Pipeline as of Feb 28, 2008 Approved More than Selzentry 300 Phase 1 Phase 2 Phase 3 In Reg. Lyrica for Discovery 47 37 16 2 Fibromyalgia Projects fesoterodine (EU) Accelerating Pipeline with sharpened focus on key disease areas Strong flow of medicines
Slide 6: Aggressive Goal To Rebuild Our Phase 3 Portfolio
Aggressive Goal To Rebuild Our Phase 3 Portfolio Total of 15–20 Phase 3 starts 2008–2009 Phase 3 total programs grow to 24–28 by December 2009 15–20 regulatory submissions between 2010–2012
Slide 7: Today's Phase 3 Portfolio
Today’s Phase 3 Portfolio axitinib – Pancreatic Cancer PD-332334 – GAD apixaban – VTE Prevention S,S-reboxetine – Fibromyalgia NMEs CP-945598 – Obesity Zithromax/chloroquine – Malaria CP-751871 - Lung Cancer PF-1228305 (Thelin) – PAH New apixaban – Indications Atrial Fibrillation
Slide 8: Projected 15–20 Phase 3 Starts 2008–2009
Projected 15–20 Phase 3 Starts 2008–2009 9 CP-751871 PF-885706 – GERD PF-868554 PF-734200 – Lung Cancer – HCV – Diabetes PF-299804 – Cancer PF-4383119 PF-4194471 PF-4522625 – OA Pain PH-797804 – RA – HIV – Seasonal Flu NMEs PD-200390 IV sulopenem/Oral CP-690550 UK-453061 – In
Slide 9: Pfizer Disease Area Priorities
Pfizer Disease Area Priorities Invest to Win First or High Market High Best in Class Growth Unmet Need 9 9 9 Oncology Pain Immunology/Inflammation Diabetes/Obesity Alzheimer’s Disease Schizophrenia
Slide 10: Recent Oncology Phase 3 Starts
Recent Oncology Phase 3 Starts Phase 3 Starts Since ASCO 2007 Sutent First line CRC Sutent Second line NSCLC Sutent Adjuvant RCC Axitinib Pancreatic cancer CP-751871 First line NSCLC CP-751871 Refractory NSCLC Phase 3 Trials Expected to be Initiated in 2008 Sutent First line HCC Sutent Second line m
Slide 11: Potential New Indications Expected To Drive Value
Potential New Indications Expected To Drive Value Colorectal es nu ve Non Small Cell Lung Re Hepatocellular Carcinoma Breast Renal Cell Carcinoma & Gastrointestinal Stromal Tumor Time
Slide 12: Pfizer Oncology Clinical Portfolio
Pfizer Oncology Clinical Portfolio TSP-1 (CVX-045)* Platform Key Ang-2 Ant Anti-Angiogenesis (CVX-060)* Transitions Since ASCO 2007 Signal Transduction ALK1 mAb (PF-3446962) Immunotherapy sVEGFR (PF-337,210) Cytotoxic/ mRTK Potentiators P-Cad mAb (SU-14,813) (PF-3, 732,010) Pan-ErbB FAK Sutent® (PF-
Slide 13: Axitinib Phase 3 in 1st Line NSCLC
Axitinib Phase 3 First or Best in Class High Market Growth High Unmet Need In 1st Line NSCLC 9 9 9 Axitinib demonstrates activity as a single-agent in refractory NSCLC patients (14.6 months median survival) Axitinib demonstrates good combinability with chemotherapy Overall Survival Phase 3 Study
Slide 14: CP-751871: Phase 2 NSCLC Activity
CP-751871: First or Best in Class High Market Growth High Unmet Need Phase 2 NSCLC Activity 9 9 9 Treatment-naïve Stage IIIB/IV Carboplatin/Paclitaxel NSCLC Patients Carboplatin/Paclitaxel + CP-751,871 Overall Population Dose (mg/kg) 0 10 20 100 Sample size (n) 50 46 53 Dose: 80 0 Median PFS (months
Slide 15: Recent Oncology Licensing And Acquisitions
Recent Oncology Licensing And Acquisitions Company/Compound Value to Pfizer Portfolio Avant – license Novel vaccine in Phase 2b/3 for GBM CDX-110 (EGFRvIII vaccine) High unmet medical need Serenex – acquisition Phase I, novel mechanism SNX-5422 (Hsp90 inhibitor) Complementary to portfolio CovX – acq
Slide 16: CP-690550: JAK-3 Inhibitor
First or High Market High Unmet CP-690550: Best in Class Growth Need JAK-3 Inhibitor 9 9 9 RA Phase 2a Response Rate 100 80 60 40 20 0 0 2 4 6 Weeks Placebo 5 mg 15 mg 30 mg Phase 2b dose ranging in rheumatoid arthritis ongoing – anticipate Kremer JM et al, ACR 2006 presentation at ACR 2008 Simultan
Slide 17: PF-4383119 (RN-624): Nerve Growth Factor Inhibitor
PF-4383119 (RN-624): First or Best in Class High Market Growth High Unmet Need Nerve Growth Factor Inhibitor 9 9 9 Heavy Chain Projected 1st Biotherapeutic for Pain Blocks Nerve Growth Factor (NGF) NGF Humanized monoclonal antibody Efficacy demonstrated in Phase 2 osteoarthritis (OA) pain stud
Slide 18: PF-4383119: Osteoarthritis Knee Pain
PF-4383119: Osteoarthritis Knee Pain Single IV Infusion: Mean Change from Baseline (mm) Over 8 Weeks Panel 1 Panel 2 Baseline Pain = 43–46 mm Baseline Pain = 54–60 mm n=12 n=6 n=6 n=6 n=26 n=27 n=26 0 -5 -10 -15 -20 -25 * -30 * * -35 * Placebo 0.1 mg/kg 0.3 mg/kg 1.0 mg/kg Encouraging Phase 1/2 Effi
Slide 19: Biotherapeutics In The Pipeline
86 Biotherapeutics In The Pipeline Research Development Marketed 60 26 5 $1.4 B 2007 Diverse Portfolio Revenues 8 TAs (interferon beta-1a) (dalteparin sodium injection) 6 Modalities 53 MAbs 8 Vaccines (pegvisomant for injection)
Slide 20: Rebuilding The Phase 3 Portfolio
Rebuilding The Phase 3 Portfolio Number of Phase 3 Programs 24–28 22–24 16 Mar '08 Mar '09 Dec '09 Projected Projected NMEs New Indications
Slide 21: Building Momentum
Building Momentum Sutent, Champix, Approved for GIST and RCC, Smoking Cessation, PAH (Japan) sildenafil Zithromac SR, Xalacom, Submitted for Bacterial Infections, Glaucoma, HIV Treatment Maraviroc Experienced Patients (Japan) Lyrica, Fablyn Submitted for Fibromyalgia, Osteoporosis Treatment (Europe)
Slide 22: Goldman Sachs Global Healthcare Conference
Goldman Sachs Global Healthcare Conference Martin Mackay President, Global Research & Development June 11, 2008
Pfizer — Goldman Sachs Global Healthcare Conference 2008 on 6ix