Pfizer emerges from pandemic crucible with confidence to go solo in taking mRNA vaccines beyond Covid-19
The pandemic has changed Pfizer.
It’s not just the $15 billion in cash they expect their BioNTech-partnered Covid-19 vaccine to bring in 2021. Rather, the pharma giant is poised for a transformation from a major partner in mRNA technology to a major leader with its own development and manufacturing expertise, with plans to grow the R&D team in Pearl River, NY by at least 50.
“We are the best positioned company right now to take it to the next step because of our size and our expertise,” CEO Albert Bourla told the Wall Street Journal in a sit-down interview.
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