https://endpts.com/albert-bourla-has-some-plans-for-pfizers-huge-covid-cash-haul-hint-acquisitions-are-very-much-in-the-cards/
they do have plans to spend a lot
from todays article:
We’re going to be flexible on deal types,” added the BD chief. “Acquisitions are obviously very much in the cards, but strategic partnerships and alliances as well. In fact, some of our best successes have come from capital-light collaborations. If we see a larger opportunity that’s strategic and creates value and meets the criteria I just described, we certainly have the balance sheet to utilize to do that.”
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