President Joe Biden listens as Pfizer CEO Albert Bourla speaks at a Pfizer manufacturing site, Friday, Feb. 19, 2021, in Portage, Mich. The one-year anniversary of the pandemic was a whirlwind for the chief executive officer who has become defined by it. Pfizer’s Albert Bourla conducted several media interviews on Thursday—everything from CNBC and “Morning Joe” to his first television appearance in Israel, the small country where Pfizer is conducting a massive experiment of its Covid-19 vaccine.
“I came here because I want the American people to understand the extraordinary work that is being done to undertake the most difficult operational challenge this nation has ever faced,” Biden said while standing on a stage next to Bourla. When Bourla is feeling down about the issue, he recalls the words of Ian Read, the Pfizer CEO who preceded him, who would tell Bourla that delivering for stock holders was a marathon and not a sprint. Developing the vaccine has been a sprint and Bourla is convinced investors will soon figure out that Pfizer’s stock is undervalued.
So far, the Covid-19 vaccine has not helped Bourla in this area. Pfizer could end up generating more than $15 billion of revenue in 2021 from the vaccine and maybe $4 billion of profits. But stock market traders don’t care too much about these numbers, even though they are among the biggest ever generated by a biopharma product in a single year, because Wall Street doesn’t expect this financial performance will be repeatable.
He'll fail. Their vaccine, ultra cold storage, two doses, not practical to the world at all.
JanetYellen Lagarde help him no?
Probably not, it’s been a dog for years.
TheFridayVigil 구원은 하나님께로부터 옵니다. 예수님이 솔루션입니다!
He and his company will be under the bus as soon as everyone gets back to work.
this is terrible news
All these dumb trumper keep saying warp speed saved america what a joke phizer vaccine was the most used not funded by warp speed not a cent
Saved the world ? 🧐
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Source: Forbes - 🏆 394. / 53 Read more »
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Source: Forbes - 🏆 394. / 53 Read more »