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Fourth Quarter 2019 Earnings Teleconference January 28, 2020
Earnings Teleconference
Senior Vice President, Investor Relations 3Forward -Looking Statements and Non- GAAP Financial Information
Our discussions during this conference call will include forward -looking statements about, among other things, our anticipated future operating and
financial performance, expectations for our product pipeline, in -line products and product candidates, including anticipated regulatory submissions,
data read -outs, study starts, approvals, revenue contribution, growth, performance, timing of exclusivity and potential benefits , strategic reviews,
capital allocation objectives, the benefits anticipated from the reorganization of our commercial operations in 2019, plans f or and prospects of our
acquisitions and other business development activities, including our proposed transaction with Mylan N.V. (Mylan) to combine Upjohn and Mylan
to create a new global pharmaceutical company, our acquisition of Array BioPharma Inc. and our transaction with GlaxoSmithKline plc which
combined our respective consumer healthcare businesses into a new consumer healthcare joint venture, our ability to successfu llycapitalize on
growth opportunities and prospects, manufacturing and product supply and plans relating to share repurchases and dividends that are subject to
substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by s uchstatements.
Additional information regarding these factors can be found in Pfizer’s Annual Report on Form 10-K for the fiscal year ended Dec ember 31, 2018
and in our subsequent reports on Form 10 -Q, including in the sections thereof captioned “Risk Factors” and “Forward -Looking Info rmation and
Factors That May Affect Future Results”, as well as in our subsequent reports on Form 8 -K, all of which are filed with the U.S. Securities and
Exchange Commission and available at www.sec.gov and www.pfizer.com . The forward -looking statements in this presentation speak only as of
the original date of this presentation and we undertake no obligation to update or revise any of these statements.
Also, the discussions during this conference call will include certain financial measures that were not prepared in accordanc e with U.S. generally
accepted accounting principles (GAAP). Additional information regarding non-U.S. GAAP financial measures can be found on slide 1 8 and in
Pfizer’s Current Report on Form 8 -K dated January 28, 2020. Any non-U.S. GAAP financial measures presented are not, and should n ot be
viewed as, substitutes for financial measures required by U.S. GAAP, have no standardized meaning prescribed by U.S. GAAP and may not be
comparable to the calculation of similar measures of other companies. Opening Remarks
Chairman and Chief Executive Officer5FY 2019 Performance Highlights -Biopharma
Approved in more than 90 countries;
Nearly 90% share of CDK class in U.S.
Ex-U.S. royalties of $329M;
Only oral treatment for 3 types of PC$5,847M +3% op
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