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Egyptian Gazette
Home Entertainment Health

Pfizer chief Albert Bourla wins $1 million Genesis Prize

by News Wires
January 19, 2022
in Health, Entertainment
FILE - Pfizer CEO Albert Bourla attends a ceremony in the northern city of Thessaloniki, Greece, Oct. 12, 2021. The Genesis Prize Foundation said, Wednesday, Jan. 19, 2022 it was recognizing Bourla, whose company developed one of the world's leading coronavirus vaccines, for his leadership, determination and "willingness to assume great risks." The $1 million prize honors an individual for professional achievement, contribution to humanity and commitment to Jewish values.

FILE - Pfizer CEO Albert Bourla attends a ceremony in the northern city of Thessaloniki, Greece, Oct. 12, 2021. The Genesis Prize Foundation said, Wednesday, Jan. 19, 2022 it was recognizing Bourla, whose company developed one of the world's leading coronavirus vaccines, for his leadership, determination and "willingness to assume great risks." The $1 million prize honors an individual for professional achievement, contribution to humanity and commitment to Jewish values.

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JERUSALEM — Albert Bourla, chairman and chief executive of global pharmaceutical giant Pfizer Inc., was awarded on Wednesday the prestigious Genesis Prize for his efforts in leading the development of a Covid-19 vaccine, AP reported.

The $1 million award is granted each year to a person for their professional achievements, contributions to humanity and commitment to Jewish values. The Genesis Prize Foundation said Bourla had received the largest number of votes in an online campaign in which some 200,000 people in 71 countries participated.

It commended him for his “leadership, determination, and especially for his willingness to assume great risks.” It cited Pfizer’s decision to turn down U.S. government funding early in the pandemic, a decision that helped the company reduce bureaucracy and expedite development of the vaccine.

Its partner, BioNTech, received funding from the German government, and Pfizer later signed a large supply contract with the United States. The strategy put Pfizer at the forefront of global efforts to fight the coronavirus, with its vaccine the first to be authorised for use in the US and Europe.

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