Pfizer Inc. has the cash to spend on business development, and CEO Albert Bourla told investors the company is aiming to sign deals that will add $25bn of risk-adjusted revenue to the top line by 2030. During the firm’s fourth quarter sales and earnings call on 8 February, Pfizer's management outlined the current thinking on allocating the windfall of cash it has stockpiled.
Pfizer Shopping For Deals That Will Add $25bn To 2030 Revenues
With cash to spend and a patent cliff to overcome starting in 2025, Pfizer is expected to be a prolific deal-maker in 2022.
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