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	Comments on: Opinion: Prescription price controls and rationing would undermine the innovation that has saved so many	</title>
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	<link>https://www.clarkcountytoday.com/opinion/opinion-prescription-price-controls-and-rationing-would-undermine-the-innovation-that-has-saved-so-many/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=opinion-prescription-price-controls-and-rationing-would-undermine-the-innovation-that-has-saved-so-many</link>
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		By: daba		</title>
		<link>https://www.clarkcountytoday.com/opinion/opinion-prescription-price-controls-and-rationing-would-undermine-the-innovation-that-has-saved-so-many/#comment-36092</link>

		<dc:creator><![CDATA[daba]]></dc:creator>
		<pubDate>Tue, 20 May 2025 14:43:57 +0000</pubDate>
		<guid isPermaLink="false">https://www.clarkcountytoday.com/?p=170394#comment-36092</guid>

					<description><![CDATA[In 2024, several major pharmaceutical companies reported significant profits and revenue growth:

Roche: Reported $71.88 billion in revenue and Rs. 16.74 billion in profits. Key growth drivers included Vabysmo ($3 billion in sales), Ocrevus ($7.6 billion in sales, 16% growth), and Hemlibra ($4.9 billion, 19% growth).
Merck &#038; Co.: Achieved $62.47 billion in revenue and Rs. 16.49 billion in profits, with $30.5 billion spent on research and development. Keytruda, the company&#039;s flagship medication, generated $25 billion in revenue, making it the largest drug in the world by sales.
Novartis: Made Rs. 12.73 billion in profits and invested $9.747 billion in research and development. Entresto, its best-selling medication, generated $6 billion in sales.
CVS Health: Led the industry by revenue, achieving $363.24 billion. The pharmacy services segment was the most profitable, contributing $187 billion in 2023.
Pfizer: Despite a 41.69% drop in sales from 2022 to 2023 due to decreased demand for COVID-19 products, Pfizer projected revenues between $58.5 billion and $62.7 billion for 2024. The company also received a record number of nine new molecular entity approvals from the FDA in 2023.
Johnson &#038; Johnson: Projected operational sales to increase by 5-6% in 2024. The company&#039;s pharma division saw consistent growth, with revenue rising from $45.6 billion in 2020 to $54.8 billion in 2023.]]></description>
			<content:encoded><![CDATA[<p>In 2024, several major pharmaceutical companies reported significant profits and revenue growth:</p>
<p>Roche: Reported $71.88 billion in revenue and Rs. 16.74 billion in profits. Key growth drivers included Vabysmo ($3 billion in sales), Ocrevus ($7.6 billion in sales, 16% growth), and Hemlibra ($4.9 billion, 19% growth).<br />
Merck &amp; Co.: Achieved $62.47 billion in revenue and Rs. 16.49 billion in profits, with $30.5 billion spent on research and development. Keytruda, the company&#8217;s flagship medication, generated $25 billion in revenue, making it the largest drug in the world by sales.<br />
Novartis: Made Rs. 12.73 billion in profits and invested $9.747 billion in research and development. Entresto, its best-selling medication, generated $6 billion in sales.<br />
CVS Health: Led the industry by revenue, achieving $363.24 billion. The pharmacy services segment was the most profitable, contributing $187 billion in 2023.<br />
Pfizer: Despite a 41.69% drop in sales from 2022 to 2023 due to decreased demand for COVID-19 products, Pfizer projected revenues between $58.5 billion and $62.7 billion for 2024. The company also received a record number of nine new molecular entity approvals from the FDA in 2023.<br />
Johnson &amp; Johnson: Projected operational sales to increase by 5-6% in 2024. The company&#8217;s pharma division saw consistent growth, with revenue rising from $45.6 billion in 2020 to $54.8 billion in 2023.</p>
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			</item>
		<item>
		<title>
		By: daba		</title>
		<link>https://www.clarkcountytoday.com/opinion/opinion-prescription-price-controls-and-rationing-would-undermine-the-innovation-that-has-saved-so-many/#comment-36091</link>

		<dc:creator><![CDATA[daba]]></dc:creator>
		<pubDate>Tue, 20 May 2025 14:41:02 +0000</pubDate>
		<guid isPermaLink="false">https://www.clarkcountytoday.com/?p=170394#comment-36091</guid>

					<description><![CDATA[&quot;Pfizer reported strong financial results for the full year 2024, with revenues of $63.6 billion, representing a 7% year-over-year operational growth. The company&#039;s gross profit for 2024 was $45.776 billion, marking a 32.3% increase from 2023. Pfizer&#039;s net income for 2024 was $8.031 billion, a significant 279% increase from the previous year.

Pfizer also reaffirmed its full-year 2025 revenue guidance, projecting revenues to be in the range of $61.0 to $64.0 billion.&quot;]]></description>
			<content:encoded><![CDATA[<p>&#8220;Pfizer reported strong financial results for the full year 2024, with revenues of $63.6 billion, representing a 7% year-over-year operational growth. The company&#8217;s gross profit for 2024 was $45.776 billion, marking a 32.3% increase from 2023. Pfizer&#8217;s net income for 2024 was $8.031 billion, a significant 279% increase from the previous year.</p>
<p>Pfizer also reaffirmed its full-year 2025 revenue guidance, projecting revenues to be in the range of $61.0 to $64.0 billion.&#8221;</p>
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