What is Pfizer Inc.? - Products and History

Pfizer Inc. is an American multinational pharmaceutical and biotechnology corporation1. The company was established in 1849 in New York by two German entrepreneurs, Charles Pfizer and his cousin Charles F. Erhart1. Pfizer develops and produces medicines and vaccines for various fields including immunology, oncology, cardiology, endocrinology, and neurology1.

Pfizer is one of the world’s premier biopharmaceutical companies2. They are in relentless pursuit of scientific breakthroughs and revolutionary medicines that aim to create a healthier world for everyone2. Pfizer’s commitment to Environmental, Social, and Governance (ESG) spans product innovation; equitable access and pricing; product quality and safety; diversity, equity, and inclusion; climate change; and business ethics2.

In 2022, Pfizer set a new ambition: Changing a Billion Lives a Year by 20272. This is an evolution of the previous Purpose Blueprint, implemented in 2019, the Purpose Blueprint 2.0 consists of five “Core Business Principles” and 15 Big Ideas that will drive the company in the years to come2.

 

Pfizer Inc.: Products

Pfizer Inc. is a global pharmaceutical company that offers a wide range of products. Here are some categories of their products1:

1. Medicines or Pharmaceutical Drugs: Pfizer is known for brands such as Viagra, Lyrica, Celebrex, and Lipitor. They offer a variety of medicines for different health conditions.
2. Vaccines: Pfizer has developed vaccines for various diseases. The most notable recent one is the Comirnaty® COVID-19 Vaccine2.
3. Consumer Health Care Products: These are products aimed at improving personal health and wellness.

Please note that the patents for some of Pfizer’s most popular products, such as Viagra, have already expired1. For a more comprehensive list of their products, you may want to visit their official website2.

 

 

Pfizer Inc.: History

Pfizer Inc. is an American multinational pharmaceutical and biotechnology corporation with a rich history1. Here are some key milestones:

• 1849: Cousins Charles Pfizer and Charles Erhart founded Charles Pfizer & Company in a red brick building in Brooklyn, NY2.
• 1868: Pfizer bought and renovated a post-Revolutionary-era building at 81 Maiden Lane in Manhattan and moved its headquarters there2.
• 1882: Pfizer opened offices and a warehouse in Chicago, Illinois, its first location outside of New York2.
• 1900: Pfizer filed an official certificate of incorporation in the state of New Jersey2.
• 1919: Pfizer chemist James Currie and his assistant, Jasper Kane, successfully pioneered the mass production of citric acid from sugar through mold fermentation2.
• 1936: Doctor Richard Pasternack developed a fermentation-free method for producing ascorbic acid, vitamin C2.
• 1941: Pfizer responded to an appeal from the United States Government to expedite the manufacture of penicillin to treat Allied soldiers fighting in World War II2.

Today, Pfizer develops and produces medicines and vaccines for immunology, oncology, cardiology, endocrinology, and neurology1. The company’s largest products by sales are the Pfizer–BioNTech COVID-19 vaccine, Nirmatrelvir/ritonavir, Apixaban, a pneumococcal conjugate vaccine, and Palbociclib1.

 

 

Pfizer Inc.: Competitors

Pfizer Inc., a leading global biopharmaceutical company, faces significant competition from several large, global drug manufacturers. Here are some of Pfizer’s main competitors:

1. Johnson & Johnson (JNJ): Known for its various consumer health products, pharmaceuticals, and medical devices1.
2. Roche Holding AG (RHHBY): A Swiss multinational healthcare company that operates worldwide under two divisions: Pharmaceuticals and Diagnostics1.
3. Eli Lilly and Co. (LLY): An American pharmaceutical company and one of the world’s largest corporations1.
4. AbbVie Inc. (ABBV): An American publicly traded biopharmaceutical company founded in 20131.
5. Novo Nordisk (NVO): A Danish multinational pharmaceutical company1.
6. Merck & Co. (MRK): An American multinational pharmaceutical company and one of the largest pharmaceutical companies in the world1.

Other competitors include GlaxoSmithKline (GSK), Bristol-Myers Squibb, Bayer, Novartis AG, Takeda Pharmaceutical, and Cipla23. Please note that the competitive landscape can change rapidly due to factors such as mergers, acquisitions, and the introduction of new products.

 

 

Pfizer Inc.: CEO

The CEO of Pfizer Inc. is Dr. Albert Bourla12. He has been with Pfizer for more than 30 years, holding several senior positions across a range of markets and disciplines1. He became the CEO in January 20191. Dr. Bourla is a Doctor of Veterinary Medicine and holds a Ph.D. in the Biotechnology of Reproduction from the Veterinary School of Aristotle University1. He leads Pfizer in its purpose, “Breakthroughs that change patients’ lives,” with a focus on driving the scientific and commercial innovation needed to have a transformational impact on human health1.

 

 

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