Top 5 Drug Companies in USA and Their China Reliance

2. Pfizer Inc. (NYSE:PFE)

Total Revenue in 2021: $51.75 billion

Pfizer Inc. (NYSE:PFE) is a New York-based pharmaceutical company. It offers medicines in the areas of cardiovascular metabolic and women’s health, biologics, small molecules, immunotherapies, and biosimilars.

Mohit Bansal holds an Equal Weight rating and a $50 price target on Pfizer Inc. (NYSE:PFE) shares as of January 17.

Pfizer Inc. (NYSE:PFE) has an impressive historic record of stock price gains. Between 1980 and 2022, the company’s shares rose by 166.43%. At the close of September 2022, it had $36 billion in cash and liquid investments. The company sources active pharmaceutical ingredients used in the production of antibiotics, cardiovascular drugs, and oncology drugs from China, making it heavily reliant on the country.

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