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Is Pfizer Winning Its $43 Billion Bet?
PFEPfizer(PFE) The Motley Fool·2024-08-02 08:10

Pfizer's efforts are starting to bear fruit.Pfizer (PFE 0.36%) is one of the most successful pharmaceutical companies ever. In 2022, it brought in more than $100 billion in revenue -- a record for itself and for the entire industry. Of course, a lot of this was due to an unprecedented situation -- the COVID-19 pandemic -- and two products to address it: Pfizer's coronavirus vaccine and treatment.As demand for these treatments dropped in later pandemic times, though, it was clear Pfizer needed a new growth d ...