Pfizer Strengthens Foundation For A Long-Term COVID Commercial Business

 
• By Jessica Merrill
  
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Preparing for the eventual transition to an open commercial market for COVID-19 vaccines and treatments, Pfizer restructured its commercial team to incorporate the franchises.

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Pfizer is building a commercial foundation for COVID-19 • Source: Shutterstock

Pfizer Inc. believes it will be well positioned to execute on the long-term commercial opportunity in COVID-19 when the market transitions from government contracting to a traditional open market, CEO Albert Bourla said during the company's first quarter sales and earnings call on 28 July. But despite Pfizer’s bullish long-term outlook for its COVID-19 franchise, some investors are uncertain the company can deliver on that goal as the public health crisis evolves.

"Hope is not science, and science is telling us that COVID-19 likely will remain a major global health care concern...

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