Business | Reformulated

Pfizer’s boss thinks covid-19 is reshaping Big Pharma for the better

The industry is becoming nimbler and more innovative

|NEW YORK

“THE IMPOSSIBLE can many times become possible,” reflects Albert Bourla, boss of Pfizer. He is talking about the giant American drugmaker’s speedy development (with BioNTech of Germany) of a vaccine against covid-19. The sentiment also applies to the turnaround in the fortunes of the pharmaceutical industry.

This article appeared in the Business section of the print edition under the headline “Reformulated”

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