YouSaid · the spoken record

Albert Bourla

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52

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2021-12-18

most recent

2021-12-18

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1

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podcast

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1. “We do a lot of that anyway. This is what we do in our daily work. We are putting money. We are investing in research, which is highly risky. The difference in that case was that we didn't de-risk at all. We put it all in. We put everything in one go so that we don't lose time. Usually we'll spend 50 millions, and then if that goes well, then we will spend another 50, and then if it goes well, then 100. Here we put all together a little bit more than $2 billion, 2.3 billion dollars. And it was a significant decision, but it was very easy decision to make in the context of what we were living at that time. It was pandemic. People were scared. We were scared. We didn't know how tomorrow look like. We were living unprecedented situations. And we knew”

   2021-12-18 · Lex Fridman Podcast · #249 – Albert Bourla: Pfizer CEO · IDENTIFIED FROM THE TRANSCRIPT · source

2. “Had assembled in a very small office that we are having in Connecticut, very few people. There were five, I think. And in another place, what we call the data monitoring committee, which is a group of experts, independent experts, they are on Pfizer. We're going to have the opportunity to unblind the data and then tell us if the study needs to continue or if it is successful or if it fails. And we were waiting for their call. So the call came a little bit later than what was expected, which created a lot of anxiety to all of us, but came around, I think, two o'clock.”

   2021-12-18 · Lex Fridman Podcast · #249 – Albert Bourla: Pfizer CEO · IDENTIFIED FROM THE TRANSCRIPT · source