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Pfizer CEO: Rising Again After COVID Heights
27 Jan
Summary
- Pfizer's COVID-related revenue dropped significantly from $56 billion to $5 billion.
- CEO Albert Bourla is targeting revolutionary drugs like GLP-1s and cancer treatments.
- Bourla emphasizes resilience, stating winners always stand up again after falling.

Pfizer CEO Albert Bourla is leading the pharmaceutical giant through a significant post-pandemic transition. After achieving record revenues driven by COVID-19 products, including the first FDA-approved vaccine and Paxlovid, the company faces substantial financial challenges. COVID-related revenue has plummeted from over $56 billion in 2022 to approximately $5 billion as of 2026-01-27T13:31:32+00:00. This financial downturn, termed a 'patent cliff,' necessitates a strategic shift.
Bourla, drawing on his experience and a philosophy of resilience, is positioning Pfizer for new ambitious goals. The company is investing in the development of revolutionary drugs, including GLP-1s, and is focused on transforming cancer treatment. He believes that determination and the ability to recover from setbacks are key to sustained success.




