Pfizer CEO Albert Bourla announced the company is going 'all in' on developing its experimental obesity drug, signaling a significant strategic commitment to this high-growth therapeutic area. Bourla stated that Pfizer has been actively recruiting more experts in the field to bolster its efforts.
This declaration underscores Pfizer's intent to secure a competitive position in the booming obesity drug market, which is projected to be worth over $150 billion by the early 2030s. The company aims to leverage its research and development capabilities to bring innovative weight-loss medicines to patients.
The increased focus and investment in obesity drug development highlight a key area for Pfizer's future growth strategy. This commitment is expected to drive the advancement of its pipeline candidates in cardiometabolic health.
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