Pfizer

Pfizer is a undertaken pharmaceutical American.

In 2006, the group is the leader of his sector on a world level with a Turnover rising to 48,371 billion dollars (2006), a market cap of 219 billion, and manpower of 100.000 employees in the world. The group realized in 2006 an investment of 7,599 billion dollars in the research and the development and benefit of 19,3 billion dollars, that is to say 40% of its turnover, in increase of 130% compared to 2005, of with the sale of its division of health products general public in Johnson&Johnson. Pfizer is with dimensions with NYSE and belonged to the DJIA (Dow Jones Industrial Average).

History of the group

Pfizer was founded in 1849 per Charles Pfizer and Charles Erhart. After being itself developed in the United States, the company extended starting from 1951 its activities to the rest of the world.

Since the years 2000, the growth of the company was done, as for many of other laboratories of the sector, by external growth:

Warner-Lambert (2000)
Pharmacia (2003)

In 2004, within the framework of fusion Sanofi-Synthélabo and Aventis, the European commission has constrained the latter to yield at Pfizer one its drugs high-speed motorboat, Campto (70 million euros of turnover in 2003).

Since August 2006, its chairman is Jeff Kindler.

January 22nd, 2007, this last made public a plan of suppression of 10.000 employment, that is to say approximately 10% of manpower of the group, in front of being finished at the end of 2008. It is a question of gathering in the United States the research centres and of production, and of reconsidering its organization with international in order to releasing 2 billion dollars of economies per annum. The group wishes to reduce the number of its factories of 93 in 2007 to 48 at the end of 2008. It acts, according to the analysts of Prudential Equity Group, to anticipate the losses of patents on the leading products (Lipitor and Viagra inter alia) which will take place between 2010 and 2012. Its ex-CEO (chairman), Henry McKinnel, reprocesses in February 2007, is the second owner best paid of the United States according to the AFL-CIO (trade unions), with 180 million dollars of incomes poured by Pfizer.

Administration

The current members of the board of directors of Pfizer are: Michael S. Brown, Mr. Anthony Burns, Robert Burt, Gift Cornwell, William H. Gray, Horner Constancy, William Howell, Stanley Ikenberry, Jeff Kindler (President), George Lorch, Henry McKinnell, Dana Mead, Ruth J. Simmons, and William Steere.

Chairman and managing director (PDG): Jeff Kindler
Vice president: David L. Shedlarz
President of the pharmaceutical activities in the world: Ian Read

Pfizer has a tetrahedral organization made up of four principal branches of industry which are: the medical pole with intended human (44,28 Mds of dollars in 2005); produced councils (3,87Mds of dollars in 2005); the veterinary care (2,2Mds of dollars in 2005) and a last pole gathering various activities in particular in finances and the right as a majority. June 26th, 2006 Pfizer announces the sale of part of its products at the laboratories Johnson & Johnson for the sum of 16,6Mds of dollars, including/understanding amongst other things the products such as Nicorette and Sudafed.

Drugs high-speed motorboats

Amlor, Norvasc (treatment of hypertension)
Campto (treatment of the colo-rectal Cancer)
Celebrex (anti-inflammatory drug)
Lipitor, Tahor (treatment of the Cholesterol)
Viagra (treatment of the dysfonction érectile)
Zoloft ( sertraline ) (antidepressant)
Sutent (sunitinib) (anti-cancer)
Champix (varénicline) (nicotinic stop)

Integrity

Pfizer was blamed for a wild experimentation of the Trovan (Trovafloxacine) at Nigeria. This experimentation because of deaths and the after-effects in several children. This scandal inspired the novel of (John the Square) and the film " the Constancy of the gardener ".

See too

Classification of the companies leaders in pharmacy
Pharmacia
Trovan (Trovafloxacine)

External bonds and documents

Article of the World on the tests carried out on children Nigerians: http://www.lemonde.fr/cgi-bin/ACHATS/acheter.cgi?offre=ARCHIVES&type_item=ART_ARCH_30J&objet_id=990333&clef=ARC-TRK-G_01

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