Pfizer Ventures: How We Work
We actively support our current portfolio companies throughout their growth cycles contributing strategic guidance in addition to capital as well as access to Pfizer expertise, when appropriate.
Read Our 2024 Year in Review Details- With a $900M capital commitment for investment, Pfizer Ventures backs private companies at all stages of development.
- We have a strong focus on early-stage opportunities. But other investments, including start-ups and spinouts, are also considered in scope.
- While primarily U.S. focused, international investments may represent up to 20 percent of the portfolio.
- We can lead or join a syndicate of investors and will seek board representation commensurate with our investment.
- Our investments are focused on potentially transformative therapeutics, with an emphasis in our core therapeutic areas: Inflammation & Immunology, Internal Medicine, Oncology, Anti-Infectives and Vaccines.
- We also consider platform technologies, diagnostics, drug delivery, pharmaceutical services, and other technologies that have the potential to transform drug discovery and development
- Pfizer Ventures is an active investor, working with management to develop product strategy and shareholder value.
- We bring a pharmaceutical perspective and have the potential to utilize our internal networks and expertise.
- We have a streamlined approval process for investment decisions.
- All investments have the potential for a business relationship with Pfizer.
Key Points
- Focus
- Emphasis primarily on therapeutics (80%)
- Platforms, tools, and technologies with potential to transform drug discovery and development are also considered (20%)
- Geography
- U.S. focused primarily
- Approximately 20 percent of investments may be outside the U.S
- Investment Type
- Direct investing in private companies
- All stages possible, with focus on early stage
- Returns
- Strategic and financial
- Measured over long term
- Funding
- $900M current capital commitment from Pfizer AUM $1.6B
- Up to $20M in first investment; reserved allocation for follow-on investments
- Syndication
- Investing as member of a syndicate
- Syndicate member must be located near company
- Collaboration
- Potential for business relationship with Pfizer considered in investment criteria
- Can be transacted in parallel with investment or explored in the future
- Influence in Development
- Contribute capital and industry experience to help guide development and company growth
- Scientific advisory board participation when appropriate
- Control
- Minority ownership positions
- Board seats where appropriate
- Deal Structure
- Traditional VC investment
- Product rights not required
Our Partners
View a list of current and former companies that we've partnered with.
View Portfolio Details
Our Team Looks Forward to Working with You
Pfizer Partnerships
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