Pfizer's key messages at JP Morgan conference

24 January 2026

Last week, US pharma giant Pfizer (NYSE: PFE) chairman and chief executive Albert Bourla presented at the JP Morgan Healthcare Conference in San Francisco.

During the fireside chat, Dr Bourla highlighted Pfizer's performance in 2025 and outlined its four strategic priorities for 2026. Some key messages and takeaways include that 2025 was a year of successful execution, marked by beating expectations for revenue and profitability over the last three consecutive quarters.

Pfizer successfully improved margins by removing $5.6 billion in OpEx between 2024 and 2025. The company also resolved major policy overhangs including MFN (Most Favored Nation) pricing and tariffs, while also providing clarification on its obesity strategy through key business transactions.

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