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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
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
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 -
Weather at Pfizer Headquarters
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Current ConditionsNew York, NY as of Sun, 22 Nov 2009 4:51 am EST
Fair
46°F(7°C)Barometer: 30.24 steady Humidity: 73% Visibility: 10 mi Wind: 5 mph Sunrise: 6:50 am Sunset: 4:32 pm -
Today's Forecast
SunnyHigh: 55°F (12°C)
Low: 44°F (6°C) -
Tomorrow's Forecast
PM RainHigh: 51°F (10°C)
Low: 49°F (9°C)
Full Forecast at Yahoo! Weather (provided by The Weather Channel) -
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THE METH BUST BLOTTER; 73 HIGH LUX NEGRO 2 AS
[...] was the last time you saw a Coke Zero advert followed by one for Camel Wides®? "Legalization would mean Pfizer or Bristol Myers and other big pharmaceutical companies would put many of their top scientists onto projects for developing recreational [...]Pain | http://thedisbrimstone-dailypitchfork.blogspot.com/ Original | Permalink (November 22, 2009 06:00 AM) -
THE METH BUST BLOTTER; 73 HIGH LUX NEGRO 2 AS
[...] is the impact of legalization. Legalization means crystal meth gets the same marketing blast as Coca Cola. Legalization would mean Pfizer or Bristol Myers and other big pharmaceutical companies would put many of their top scientists onto projects for [...]no_slappz | http://thedisbrimstone-dailypitchfork.blogspot.com/ Original | Permalink (November 22, 2009 01:22 AM) -
Pfizer closes research center built with land seizures
[...] property taxes paid by the previous owners. I am not going to gloat, as there are many innocent victims who, with the Pfizer pull out, have been added to the original list. I do hope the officious and greedy officials, who perpetrated this government [...]Tugboat_John | http://www.komonews.com/news/local Original | Permalink (November 21, 2009 09:30 PM)
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A Most Distinguished Guest
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On Twitter Powered by Twitter
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Pfizer's Geodon gets expanded FDA approval - The Associated Press - http://helib.org/eJ
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Pfizer Europe's YouTube channel http://j.mp/5NR6GD
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Pharmakonzern Pfizer verurteilt: Brustkrebspatientin erhät 6.3 Millionen Dollar & was ist mit Livella? http://tinyurl.com/pfizerverurteilt
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harmakonzern Pfizer verurteilt: Brustkrebspatientin erhät 6.3 Millionen Dollar & was ist mit Livella? http://tinyurl.com/pfizerverurteilt
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