While currently the machines they are talking about are quantum annealing only, there is some indication they’re working towards a universal QC [1] [2].
> During the Qubits 2021 conference held by D-Wave, it was announced that the company is developing their first universal quantum computers, capable of running Shor's algorithm in addition to other gate-model algorithms such as QAOA and VQE.
As for your other point,
> Simulation of quantum systems (drugs, new materials, solar cells, batteries) is a much more plausible near-term application of a quantum computer. If it ever happens it will probably happen many years before Shor's algorithm successfully runs.
Isn’t this exactly the kind of stuff that annealing can be applied to? [3]
[1] https://www.theregister.com/2021/10/05/dwave_quantum_compute...