How Vaccine Cash Could Fuel Pfizer's Future Growth

·4 min read
How Vaccine Cash Could Fuel Pfizer's Future Growth

Thanks to the success of its COVID-19 vaccine, Pfizer (NYSE: PFE) more than doubled its cash hoard in 2021. Here's how the company's big plan might play out. Pfizer set forth an ambitious goal to use its war chest to add $25 billion of revenue by 2030 through mergers and acquisitions, and it's been actively building its pipeline to reach that goal over the last several months.

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