Pfizer On Reorganizing, M&A And Investing In Internal R&D

The big pharma's leadership weighs in on why it made sense to organize biosimilars under innovative medicines, why it is investing more in internal R&D, and why tuck-in deals are more appealing than transformative M&A.

A pair of feet standing on a tarmac road with yellow arrow print pointing in three different directions for the concept of making decision at the crossroad.

The US market for biosimilars hasn't developed as quickly as some hoped and Pfizer Inc. has had first-hand experience navigating the commercial challenges. Now, as Pfizer prepares to bring a full portfolio of biosimilars to the US market, the company is reorganizing to launch those drugs from its innovative medicines unit.

Chief Operating Officer Albert Bourla offered some more details behind the decision to align the biosimilars business with its innovative...

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