Pfizer Inc. is an American pharmaceutical corporation headquartered in New York City, with its research headquarters in Groton, Connecticut. It is one of the world’s largest pharmaceutical companies. It is listed on the New York Stock Exchange, and its shares have been a component of the Dow Jones Industrial Average since 2004. Pfizer ranked No. 57 on the 2018 Fortune 500 list of the largest United States corporations by total revenue.
The company develops and produces medicines and vaccines for a wide range of medical disciplines, including immunology, oncology, cardiology, endocrinology, and neurology. Its products include the blockbuster drug Lipitor (atorvastatin), used to lower LDL blood cholesterol; Lyrica (pregabalin) for neuropathic pain and fibromyalgia; Diflucan (fluconazole), an oral antifungal medication; Zithromax (azithromycin), an antibiotic; Viagra (sildenafil) for erectile dysfunction; and Celebrex (also Celebra, celecoxib), an anti-inflammatory drug.
In 2016, Pfizer Inc. was expected to merge with Allergan, Plc to create the Ireland-based “Pfizer plc” in a deal that would have been worth $160 billion. The merger was called off in April 2016, however, because of new rules from the United States Treasury against tax inversions, a method of avoiding taxes by merging with a foreign company. The company has made the second-largest pharmaceutical settlement with the United States Department of Justice.
Industry | Pharmaceutical |
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Founded | 1849; 169 years ago |
Founders | Charles Pfizer Charles F. Erhart |
Headquarters | New York City, United States |
Related Pharmaceutical Companies: | Johnson and Johnson, Merck, Stryker |
Medical experiments on children. Inhumane tests by a large American pharmaceutical company on a third world country. Sounds like the plot of a novel? It was. The book is called “The Constant Gardener.” and a movie of the same name followed in 2005. Nonetheless, the plots in both the novel and the movie were based […]
Pfizer Case Study: Pfizer is the American pharmaceutical company, which is considered to be one of the biggest in the world. The company has invented such well-known and popular medicine like Viagra (which defeat the erection dysfunction) and Visine (popular eye drops). Pfizer remedies are produced in more than 46 countries of the world, including […]
Executive Summary: The following marketing plan will focus on how Pfizer, the leading company in the pharmaceutical industry will perform in tough competition conditions. A brief introduction of the field of pharmaceutical will be highlighted along with a short introduction about the company and its history. A market analysis will be performed to study the […]
OUTLINE FOR THE STRATEGIC PLAN Please bullet your responses. Staple the completed assignment; do not spend any money binding the assignment. Make sure to respond to every item. I. GETTING STARTED A. Steps in Strategic Management Process Step 1 |Identify the organization’s mission, vision, and value statement | |Step 2 |Determine the firms main business […]
The company’s senior director of organizational effectiveness found that the “Harvard MBA staff we hired to develop strategies and innovate were instead Goggling and making Overprints. ” Indeed, internal studies conducted to find out Just how much time its valuable talent was spending on menial tasks was startling. The average Pfizer employee was spending 20 […]
This strategy saved valuable employee time and for example, when he gave the Indian team a complex project researching strategic actions that worked when consolidating company facilities, the team put the report together in a month that would have taken six months to do. Pfizer is the world’s largest research-based pharmaceuticals firm and also a […]
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