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biotechnology companies

Pfizer Invests USD 120 Million in biotechnology innovation Through the Pfizer Breakthrough Growth Initiative

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The FINANCIAL -- Pfizer Inc. announced that, during the second half of 2020, it invested a total of $120 million in four clinical-stage biotech companies as part of the Pfizer Breakthrough Growth Initiative (PBGI). Through PBGI, Pfizer is investing up to $500 million in biotechnology companies, providing funding and access to Pfizer’s scientific expertise to…