Pfizer Incorporated is a major pharmaceutical company and is one of the leading in the world for pharmaceutical sales It currently has the largest Research and Development department out of any Bio-medical company in the world.
Some of the products that Pfizer produces that readers might be familiar with are: Lipitor (atorvastatin); oral antifungal medication Diflucan (fluconazole), another popular antibiotic Zithromax commonly reffered to as a the “Z” pack (azithromycin), the well-known erectile dysfunction drug Viagra (sildenafil citrate), and the anti inflammatory drug Celebrex (celecoxib) The mission of Pfizer according to the website (http://www. pfizer. com/home/) is: At Pfizer, we’re inspired by a single goal: your health.That’s why we’re dedicated to developing new, safe medicines to prevent and treat the world’s most serious diseases. And why we are making them available to the people who need them most. We believe that from progress come hope and the promise of a healthier world. The vision of Pfizer is much the same as their mission to be able to help and cure the world of illnesses that affect so many such as: areas of oncology, cardiovascular disease and diabetes.
Pfizer is a publicly traded on the following stock markets: New York Stock Exchange (PFE), London, (PFZ), Euronext, Swiss and is a very much for profit corporation. It was originally founded in 1849 and has more than 85,000 colleagues in more than 150 countries according to their website. Their corporate headquarters is located in, New York, NY; their biggest Research and Development facility is located in: Groton and New London, Connecticut some others include: Sandwich, England, St.
Louis, Missouri, Cambridge, Massachusetts. La Jolla and South San Francisco, California.Pfizer was founded by cousins Charles Pfizer and Charles Erhart together the founded Charles Pfizer & Company. Originally emigrants from Germany, Charles Pfizer borrowed $2,500 from his father and the two opened Charles Pfizer & Company as a fine-chemicals business in a red brick building in Williamsburg section of Brooklyn, New York, which operated as their office, laboratory, factory, and warehouse. Their first product was an antiparasitic used to treat intestinal worms, which was common disease during mid-19th century America.
Their product was n immediate success from their profit earnings, they invested more into the company; expanding their laboratory for more research and development. Also during this time the civil war had erupted and contributed to a large portion of Pfizer’s business; producing much needed drugs such as: iodine, morphine, chloroform, camphor, and mercurials for the union Army. Also Pfizer’s previous pharmaceutical inventions contained citric acid, this later sparking popular demand from companies such as: Coca-Cola, Dr. Pepper, and Pepsi-Cola to use it in their products.
In the early to mid 20th century Pfizer expands and continues to grow, the first company to invest and come up with deep-tank fermentation, thus by creating mass-production of penicillin and becomes the world’s largest producer of the new found Antibiotic. Pfizer again outfitting and supplying the U. S.
Military with drugs, this time Penicillin a drug heavily used in WWII. Today Pfizer has merged with Warner-Lambert, creating what is seen today as the world’s fastest-growing major pharmaceutical company. Work Cited: (1)http://www. pfizer. com/home/