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Can Pfizer's Dividend Survive the Patent Cliff? This $10.5 Billion Cancer Bet Could Hold the Answer.

The Motley Fool·
Can Pfizer's Dividend Survive the Patent Cliff? This $10.5 Billion Cancer Bet Could Hold the Answer.

Pfizer faces revenue pressure from COVID-19 product wind-down and upcoming patent expirations on major drugs. The company's $10.5 billion partnership with Innovent Biologics for cancer drug development offers a lower-risk, milestone-based approach to growth. While this partnership is a positive step, Pfizer will need several more similar deals to sustainably fund its dividend and offset mounting debt.

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