sales leader. They have continued to lead the industry since. The main reason for their tremendous growth is that their pharmaceutical products are able to improve the quality of life of their customers. Those products are Aricept‚ Celebux‚ Diflucan‚ Lipitor‚ Neurontin‚ Norvasc‚ Viagra‚ Zithromax‚ Zoloft and Zyrtec. Research and development is vital to the success of any pharmaceutical company. Pfizer spent 7.1 billion on research and development in 2003; this is the only pharmaceutical company that
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Pfizer ’s SWOT Analysis MGT/521 June 8‚ 2011 Professor Craig Clark Pfizer ’s SWOT Analysis Pfizer has come a long way since its modest beginnings in 1849‚ when it founded by cousins‚ Charles Pfizer and Charles Erhart and their sole product was citric acid‚ which would lead to the development of penicillin. Today Pfizer is the world’s largest research-based pharmaceutical company. The company consists of three Strategic Business Units: Health Care‚ Animal Health‚ and Consumer Health Care
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of Pfizer involves human pharmaceutical products that require a prescription from a physician (Reuters‚ 2012). These products are generally some of Pfizer’s bestselling and most recognizable. Examples of products in this department are Viagra and Lipitor. The Primary Care segment only involves medications for broad range ailments and conditions that cannot be narrowed down to a specific cause‚ such as heart disease or sexual dysfunction. The Specialty Care and Oncology operating system involves drugs
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PFIZER ANALYSIS INTRODUCTION Pfizer is the largest American pharmaceutical company and one of the largest pharmaceutical companies in the world. It competes with Merck and Glaxo‚ and markets such well-known medications as Celebrex and Viagra. However‚ the pharmaceutical industry as a whole has undergone changes in recent years with significant consolidation taking place and with increased scrutiny regarding the ways in which drugs are developed‚ tested and marketed. In addition‚ recent controversies
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Methylprednisolone sodium succinate 1) Structure: 2) Name: Methylprednisolone sodium succinate 3) A-Methapred is a sterile powder used as an anti-inflammatory glucocorticoid‚ which contains methylprednisolone sodium succinate as the active ingredient. A-METHAPRED™ is available in several strengths and packages for intravenous or intramuscular administration. It is used as replacement therapy in adrenocortical deficiency states. Their synthetic analogs are primarily used for their anti-inflammatory
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Pres. of R&D Industry Health Care Products Accupril® Lipitor® Viagra® Revenue ▲$48.613 billion USD (2007) Net income ▲$8.298 billion USD (2007) Employees 106‚000 (2005) Slogan Working for a healthier world™ Website www.pfizer.com Pfizer Incorporated (NYSE: PFE) is a major pharmaceutical company‚ which ranks number one in sales. The company is based in New York City. It produces the number-one selling drug Lipitor (atorvastatin‚ used to lower blood cholesterol); the oral
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successful new prescription drugs can be extraordinarily profitable. Consider Lipitor‚ the cholesterol-lowering drug sold by Pfizer. Introduced in 1997‚ by 2005 this drug generated a staggering $12 billion in annual sales for Pfizer. The costs of manufacturing‚ packaging‚ and distributing Lipitor amounted to only about 10 percent of revenues‚ or around $1.2 billion. Pfizer spent close to $400 million on advertising and promoting Lipitor and perhaps as much again on maintaining a sales force to sell the product
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million people worldwide and sales of approximately $50 billion in 2009. Formed in 1849 as a chemicals business‚ it has realigned itself to become the world’s leading research based pharmaceutical company and has produced drugs such as penicillin‚ Lipitor‚ Viagra‚ Detrol‚ and Geodon and thousands of others throughout its history. Focused now on expanding its international offerings‚ it looks to China‚ India‚ and Russia as high potential markets. In addition to human pharmaceuticals‚ Pfizer has diversified
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Complementary and Alternative Medicine (CAM)‚ some conventional medical practitioners refer to these as unconventional therapies. WHO defines it as a therapy or a treatment that is not a part of the country’s own tradition or not an integrated part of their health care system. CAM is becoming more available‚ more used and more socially acceptable in the United States. CAM products and providers are regulated by NCCAM (National Center for Complementary and Alternative Medicine)‚ an agency for scientific
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Week 5 Reflection Paul Beckel‚ Yolymar Cedeno-Leal‚ Charese Reviere‚ and Dina Rodriguez FIN/571 May 18‚ 2015 William Stokes Week 5 Reflection The team viewed the video “Cost of Capital” as part of our weekly team discussion. In the video‚ Amil Singh discussed the cost of capital for Pfizer Inc. Pfizer Inc. is the world ’s largest research-based pharmaceutical company that develops its own products in America. Pfizer revenue is about $65 billion with market gap close to $140 billion (John Wiley and
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