Who owns Pfizer?- Full History

Who owns Pfizer?

Introduction 

Pfizer is an American pharmaceuticals company that manufactures and sells vaccines and medicines for various diseases and functional disorders. The company is famous for its many medicines that have helped people through the years. Pfizer has its own company underneath it and many other pharmaceutical companies that they have absorbed into them. As a result, they have manufactured drugs that helped Americans and millions of people all over the world. Today’s topic- Who owns Pfizer?

They try to combine science and other available resources to help better the lives of many people around the world. The employees of Pfizer work tirelessly day in day out to ensure that the resources available to them are utilized to their maximum extent, therefore, providing the public with the best-fit medicines. Pfizer is the largest manufacturer of medicines in the world with their reach being close to indescribable. 

Pfizer is also one of the top pharmaceutical companies in the world and they produce drugs for various body functional disparities. They also collaborate with government, healthcare agencies, and other care is given associations to ensure that the public has access to affordable and quality healthcare.

Who owns Pfizer?

This pharmaceutical giant was established in the year 1849 by two German immigrants, Charles Pfizer and Charles F. Erhart. The two set up offices in New York City, and it was a roller coaster ride when just starting. However, it is evident from the milestones marked as of today that Pfizer is, in fact, a biopharmaceutical giant. 

The group Pfizer is now owned by Albert Burl, working with Pfizer for over 25 years. Mr.Bourla is a veterinary medicine doctor and holds a doctoral degree in the biotechnology of reproduction from the Veterinary School of Aristotle University. He started with Pfizer as the Technical Director of the Animal Health Division of Greece. 

This pharmaceutical giant has a team working behind it apart from the CEO that is Albert Bourla. The executive team includes Bill Carapezzi, Frank D’Amelio, Mikael Dolsten, Lidia Fonseca, Angela Hwang, Rady Johnson, Doug Lankler, Rod Mackenzie, Payal Sahni Becher, Sally Susman, John Young.

Being a pharmaceutical giant in itself has a lot of perks not only for the CEO alone but also for its hundreds of thousands of employees all over the world. They have a lot of benefits apart from the stunning salary. They have accident death and dismemberment insurance, life insurance, severance pay, dental insurance, health insurance, vision insurance, long-term disability insurance, and temporary disability insurance. They also get other financial benefits like profit sharing, 401(k) plan, defined benefit pension plan, and a defined contribution pension plan.

Another advantage of working at Pfizer is the organized manner in which the company functions. It essentially develops, manufactures, and sells a large variety of biopharmaceutical products which is required for the overall well-being of all people. Not only do they work with drugs and vaccines but also for animals. That’s what makes this company research and develop the best drug that can use by humanity. They work tirelessly to manufacture a drug that adheres to the FDA and try to reduce the allergen levels in it so that most people worldwide can use it to cure themselves of disease. Pfizer also ensures that the drugs built are available worldwide through the collaborations that they do. They work with other companies to construct therapeutic drugs and different types of medicines that may prove to be helpful to the more significant majority of the world.

Pfizer’s headquarter is in New York, but it doesn’t restrict to that city alone. Pfizer has multiple branches all over the world. However, their primary research and development centers are all in the United States of America, and they are in Andover (Massachusetts), Boulder (Colorado), Cambridge (Massachusetts), Groton (Connecticut), La Jolla (California), Pearl River (New York), St.Louis (Missouri). 

Other than these, their global sites are well equipped with the native language of the region to help the public have a more communicative experience when purchasing the products of Pfizer. The international locations are Argentina, Australia, Austria, Belarus, Belgium, Brazil, Bulgaria, Canada, China, Croatia, Czech Republic, Denmark, Ecuador, Estonia, Finland, France, Germany, Greece, hong kong, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Korea, Latvia, Lithuania, Malaysia, Mexico, Netherlands, New Zealand, Norway, Pakistan, Peru, Philippines, Poland, Portugal, Russia, Singapore, Slovenia, Slovakia, South Africa, Spain, Sweden, Switzerland, Taiwan, Thailand, turkey, united kingdom. 

Pfizer further ensures the safety of all the drugs that launch into the market for public usage. The company has manufactured many effective drugs in its 175-year long reign in the pharmaceutical sector. Their best drugs are Advil, Viagra, Xanax, Zoloft, Prevnar 13, Lipitor, Chantix, Bextra, Depo-Testosterone, Epipen, Celebrex, Zithromax, Eliquis, Protonix, Prempro, Effexor. Advil is a drug used to help curb the pain in case of a headache, dental pain, menstrual cramps, and so on. Viagra is an erectile dysfunction drug. Xanax uses to treat short-term anxiety disorders like panic disorder or generalized anxiety disorder—Zoloft functions as an antidepressant.

Prevnar 13 is a vaccine that manufactures to prevent the onset of the pneumonia virus. Lipitor is a drug that makes to reduces the amount of cholesterol in the body and its effects on the functions of the human body. Chantix is a smoking cessation drug. Bextra is a cox-inhibitor which means it is a pain reliever. Depo-testosterone is a drug that uses when testosterone replacement does. Epipen is an injection drug that takes as an emergency response to allergic reactions. Celebrex is a drug that is non-steroidal and anti-inflammatory and uses in the reduction of pain. Zithromax is a drug used against bacterial infections. Eliquis is a blood thinner also known as an anticoagulant. Protonix is a proton pump inhibitor acid inducer. Prempro is a drug used in hormone replacement drug therapy, usually during gender confirmation surgeries. Effexor is an antidepressant that comes under serotonin and norepinephrine inhibitors. These drugs use around the world in surgery and in the daily life of many people.

The covid response

Their latest venture was the manufacture of the coronavirus vaccine that has brought a sense of safety to people worldwide. Pfizer has worked tirelessly to build a safe environment for the people around the globe by being the first company to get the approval of the food and drug administration to start a temporary authorization for the covid-19 drug in the United Kingdom. The company was quick in manufacturing the vaccine and initiating clinical trials. As it reached the third phase of its practice, there was a sense of accomplishment in the hearts of many that was brought about by the collaborative efforts of Pfizer and BioNTech. They worked towards a vaccine that has minimal allergic reactions and maximum efficiency. 

After the vaccine’s success, they decided to produce a minimum of 1.5 billion doses by the end of 2021 to ensure that the vaccine would be available to everyone globally. They used their facilities in the United States, Belgium, and Germany for this mass production scheme. They spent millions of dollars for its production without looking into the profits and taking the funds from their investments. They risked a considerable amount to get where they are, and they decided to stop working only once the vaccine is available to all and is no longer to the citizens globally. 

It alone proves Pfizer’s humane approach towards the world and that they are not a profit-minded organization. Despite being a multi-million dollar company, they put all their profits at stake to produce a temporary cure for what the entire world was suffering. The Pfizer research staff put their lives on the line to work every day to develop a prescription for a virus that we were exposed to earlier. Although the virus started in the world as a single variant, it has progressed through the past months. Therefore, the vaccine that Pfizer was to make should also be resistant to the other variants of the virus. Although not wholly immune, once the vaccine takes, the human body becomes more resistant to the effects of this fatal virus. 

Conclusion

Pfizer is a pharmaceutical giant that has worked tirelessly towards the complete usage of available resources to better the people they are serving. With multiple opportunities and unlimited research options, Pfizer is one of the premier pharmaceutical manufacturers in the world today.

Pfizer is a great company and is worth billions of dollars. They put the future of their company at stake to build a better tomorrow for the United States and the entire world. Their confidence in the production and manufacture of the vaccine urged other companies like Moderna and Johnson, and johnson to step up and do the same for the people around the world. This 175-year-old company played a vital role in the betterment of the world after this sudden pandemic. 

Who owns Pfizer?- Full History

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