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- Stock symbol: PFE NYSE
- Founder: Charles Pfizer
- Year Established: 1849
- Industry: Healthcare
- Phone: (212) 573-2323
- Fax: 1-212-573-7851
- HQ: New York City
- CEO: Jeffrey B. Kindler
- CFO: Frank A. D'Amelio
- Staff: 86,600
- Other key people: William C. Steere Jr., Chairman Emeritus
- Budget for scientific research: $7.5 billion (2008)Bloomberg.com: Pfizer to Fire 800 Researchers in Focus on Cancer (January 13, 2009)
- Closed six laboratories in 2008
- Announced it would lay off 800 scientists on January 13, 2009WSJ.com: Pfizer Plans to Lay Off Up to 800 Researchers (January 13, 2009)
- Announced that it was acquiring Wyeth Pharmaceuticals on January 26, 2009
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Pfizer is considered to be the largest pharmaceutical company in the world. Brand name drugs produced by Pfizer include Lipitor (Atorvastatin), Viagra, and Celebrex.
On September 2, 2009 Pfizer agreed to a $2.3 billion settlement, for its illegal marketing and promotion of four prescription medications. http://online.wsj.com/article/BT-CO-20090902-707834.html
On May 14, 2009, Pfizer announced that it would provide free prescription drugs to unemployed and uninsured Americans. More than 70 medications, including Lipitor and Viagra, will be given away to Americans who lost their jobs since January 1, 2009, and have been using an included drug for more than three months. Patients can apply for the program by calling (866) 706-2400.Pittsburgh Post-Gazette: Free Lipitor, Viagra, Other Drugs for Jobless
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Wyeth Acquisition
On January 26, 2009, Pfizer announced it would acquire Wyeth Pharmaceuticals in a deal worth about $68 billion dollars—the largest merger in the pharmaceutical industry in nearly 10 years. Pfizer also said it would cut about 10% of its workforce and close several manufacturing plants.Health Blog (WSJ): Pfizer Broadens Beyond Pills with $68 Billion Wyeth Buy (January 26, 2009) CNNMoney.com: Pfizer to buy Wyeth for $68 billion (January 26, 2009) -
Pfizer Layoffs
On January 13, 2009, Pfizer announced that it would lay off 800 scientists.WSJ.com: Pfizer Plans to Lay Off Up to 800 Researchers (January 13, 2009) According to a Pfizer spokesperson, the cutbacks will affect the development of early-stage drug development for medicine related to heart failure, high cholesterol and obesity. However, the company plans of restructuring to focus on cancer, brain disorders and diabetes.Bloomberg.com: Pfizer to Fire 800 Researchers in Focus on Cancer (January 13, 2009) -
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Pfizer Questions
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Will the Pfizer fraud settlement prevent other similar fraud cases? 2 AnswersIn the short-term, I would think that this settlement would actually INCREASE similar cases – not because companies would engage in new actions along these line... read more -
Why is Pfizer giving free Viagra to the unemployed? 1 AnswerBasically it is a PR move. It is also not just Viagra. Pfizer and other drugs companies have had a variety of assistance programs in the past for people who c... read more -
Is this supposed to help Pfizers market share (giving free prescription drugs)? I am perplexed why they would do this? 1 AnswerAll major drug companies offer prescription assistance programs for individuals with no insurance. These programs are usually for drugs with no generic equival... read more
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Pfizer News
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Pfizer Misses Estimates, and Shares Slide
By BLOOMBERG NEWS Pfizer, the world's biggest drug maker, said fourth-quarter profit missed analysts' estimates on costs from its acquisition of Wyeth and ... (February 03, 2010)New York Times -
Pfizer teams up to offer online health management
By Lee Howard Drug giant Pfizer Inc. is teaming up with San Francisco-based interactive-technology firm Keas Inc. to introduce an online prevention and ... (February 09, 2010)TheDay.com -
Pfizer's Slippery Slope
That may be why Pfizer is expanding the use of discount cards into countrieslike Russia, Mexico, Brazil, and Venezuela. Without insurance for prescription ... (February 10, 2010)The Money Times -
Pfizer, Medivation Drug May Help Huntington's Disease Patients
8 (Bloomberg) -- A 27-year-old hay fever treatment being studied by Pfizer Inc. and Medivation Inc. for Alzheimer's disease may also help patients with ... (February 08, 2010)BusinessWeek
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Weather at Pfizer Headquarters
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Current ConditionsNew York, NY as of Wed, 10 Feb 2010 4:51 am EST
Light Snow
32°F(0°C)Barometer: 29.54 falling Humidity: 96% Visibility: 0.75 mi Wind: ENE 13 mph Sunrise: 6:56 am Sunset: 5:24 pm -
Today's Forecast
BlizzardHigh: 33°F (0°C)
Low: 26°F (-4°C) -
Tomorrow's Forecast
Partly Cloudy/WindHigh: 33°F (0°C)
Low: 21°F (-7°C)
Full Forecast at Yahoo! Weather (provided by The Weather Channel) -
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Pfizer Comments on Backtype Powered by Backtype
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Links!
[...] better when you include appointed positions: Blackwater for Secretary of State or Secretary of DefenseMonsanto for Dept of AgricultureBoeing for head of FAA Pfizer for Surgeon GeneralWalmart for Social Security AdministrationBear Stearns for head of IRSericdarylmeyer | http://flyingfarther.wordpress.com/ Original | Permalink (February 09, 2010 11:42 PM) -
Updated: Sebelius Asks California Insurer to Explain Rate Increase
Sen. Evan Bayh's wife is on the board of Wellpoint. She was appointed AFTER he was elected. Just a mid-level lawyer at Pfizer before that. They have paid her over $2,000,000. http://www.thestreet.com... Heck of a way for Wellpoint to thank the blue dogs [...]Ty | http://prescriptions.blogs.nytimes.com/ Original | Permalink (February 09, 2010 11:22 PM) -
Science: Yellow Is Nice [Colors]
Why is "healthy" the opposite of depressed? Are they using a definition of depression invented by Pfizer marketing executives? Depression/melacholy is normal and happens to everybody, nothing "unhealthy" about it.It's twue! It's twue! | http://gawker.com/ Original | Permalink (February 09, 2010 07:22 PM) -
The Government’s Rising Stake In Healthcare Costs
[...] not from Medicare, but rather from a single Medicaid false claims Pfizer action of $2 billion [$1 billion of which was a [...] ’s pursuing False Claim Act cases; and these cases like the Pfizer and a few similar cases are the sole successes these “Fraud Fighters [...]Art | http://getbetterhealth.com/ Original | Permalink (February 09, 2010 06:58 PM) -
Stupid Or Venal? Blue Dogs Want More Spending Cuts
...is in Illionois (a blue state) http://www.usnews.com/usnews/news/election/gr... Aetna corp headquarters is in Conneticut (a blue state) Pfizer corp headquarters is also in Conneticut. (just sayin)...Milquetoast | http://crooksandliars.com/ Original | Permalink (February 09, 2010 04:20 PM)
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On Twitter powered by Twitter
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Sunitinib 50 Mg Pfizer, Heparin Iv Infusion 25,000 Units App Pharm, Warfarin Sodium interactions for a Male ag http://tinyurl.com/yl9fvcx
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Pfizer expandiert in Berlin http://bit.ly/bFbqcl
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Pharmaindustrie: Pfizer baut Standort in Berlin aus http://kma-online.de/nachrichten/wirtschaft/id__20842___view.html
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Pfizer teams up to offer online health management [The Day] http://bit.ly/bEoP6D
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New post: Pfizer's Slippery Slope http://tinyurl.com/y896noz
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