From Pfizer CEO doubles down on 2024 guidance, talks Seagen buy · · Yahoo Finance
“first of all it is a signal that I have a high confidence and I put my money where my m is so I'm all in so it was a significant investment for my financial situation and I put it all in fiser because I believe it is one of the best investments that anyone can do right now so then the investors of course they should make their own calls but myself my entire pens went in December into fer St”
On , Albert Bourla, Chairman of the Board & Chief Executive Officer at Pfizer Inc, spoke about personal investment during Pfizer CEO doubles down on 2024 guidance, talks Seagen buy on Yahoo Finance.
Albert Bourla, chairman and CEO of Pfizer, said on the company’s first-quarter 2026 earnings call that the company’s strong performance reflected “disciplined execution” and that new and acquired products grew 22% in the quarter. He stated that Pfizer does not plan a large merger in the near term, describing the next few years as a time to “execute on AI transformation” rather than pursue a mega-merger. Bourla also highlighted recent patent settlements for Vyndamax, which he said give the company confidence it will enter a period of high single-digit revenue growth starting in 2029. He noted that Pfizer invested nearly $80 billion in recent years to acquire molecules and pipelines to offset upcoming patent losses. In multiple interviews, Bourla discussed the rise of China’s pharmaceutical sector, arguing that the U.S. should focus on improving its own innovation rather than trying to slow China’s progress. He described China’s scientific capabilities as having a “meteoric rise” and said that by the end of the decade, eight of the world’s top ten universities based on peer-reviewed publications were Chinese. Bourla expressed optimism about artificial intelligence, calling it “transformative” and predicting it will contribute to a “scientific renaissance” in medicine. He also commented on U.S. health policy, saying he was encouraged by recent statements from Trump administration officials about modernizing the FDA and accelerating drug development, though he said he had not yet seen practical effects. Bourla described his increased time in Washington as necessary because health care has become “extremely politicized” and because governments are major customers for Pfizer.