Why Pfizer Will Profit From Merck's Rival Pneumococcal Vaccine

Why Pfizer Will Profit From Merck's Rival Pneumococcal Vaccine

Source: 
Motley Fool
snippet: 
  • Pfizer and Merck recently settled a lawsuit related to Pfizer's patents for pneumococcal vaccines.
  • Pfizer will receive 7.25% royalties on Merck's vaccine through 2026 and 2.5% from then through 2035.
  • The settlement makes sense, but Pfizer's vaccine is likely to be the bigger long-term winner.