Friday, 1 April 2011
CASE 257 - Pfizer
Pfizer Incorporated is the biggest global pharmaceutical company, biggest pharmaceutical research company, worlds biggest animal pharmaceuticals and has ranking number one in sales in the world. The company is based in New York City, with its research headquarters in Groton, Connecticut. It produces Lipitor (atorvastatin, used to lower blood cholesterol); the neuropathic pain/fibromyalgia drug Lyrica (pregabalin); the oral antifungal medication Diflucan (fluconazole), the antibiotic Zithromax (azithromycin), Viagra (sildenafil) for erectile dysfunction, and the anti-inflammatory Celebrex (celecoxib) (also known as Celebra in some countries outside the USA and Canada, mainly in South America). Its headquarters are in Midtown Manhattan, New York City.
Pfizer's shares were made a component of the Dow Jones Industrial Average on April 8, 2004.
Pfizer pleaded guilty in 2009 to the largest health care fraud in U.S. history and received the largest criminal penalty ever levied for illegal marketing of four of its drugs. Called a repeat offender, this was Pfizer's fourth such settlement with the U.S. Department of Justice in the previous ten years. On January 26, 2009, Pfizer agreed to buy pharmaceutical giant Wyeth for US$68 billion, a deal financed with cash, shares and loans. The deal was completed on October 15, 2009.
Analyst Insight: Pfizer leads the Pharmaceuticals Industry With the Highest Level of Net Income
Pfizer had the greatest number of blockbuster products in 2009 with 14, which includes five inherited through the acquisition of Wyeth.
The following is a list of key prescription pharmaceutical products. The names shown are all registered trademarks of Pfizer Inc.
Accupril (quinapril) for hypertension treatment.
Aricept (donepezil) for Alzheimer's disease.
Aromasin (exemestane) for the prevention of breast cancer and the prevention of osteoporosis and menopause for women.
Bextra (Valdecoxib) for arthritis.
Caduet (amlodipine) and (atorvastatin) for cholesterol and hypertension.
Camptosar (irinotecan) for cancer and Chemotherapeutic agents.
Celebrex (celecoxib) for arthritis.
Chantix/Champix (Varenicline) for Nicotinic agonists, and anti nicotine drugs.
Cefobid a cephalosporin antibiotic.
ChapStick, a lip balm
Depo-Medrol (methylprednisolone) for asthma.
Solu-Medrol (methylprednisolone) for asthma.
Dimetapp for the common cold.
Depo Provera for birth control.
Detrol, and Detrol LA (tolterodine), for bladder control problems.
Diflucan (fluconazole) for antifungal drug.
Ellence (epirubicin) for cancer and chemotherapy drug.
Eraxis (anidulafungin) for antifungal drug.
Exubera (inhalable insulin) for diabetes, and insulin therapies.
Flagyl (metronidazole) for bacterial and protozoal infections.
Genotropin (Growth hormone) for N/A.
Geodon (ziprasidone) for schizophrenia and bipolar disorder.
Inspra (eplerenone) for diuretics.
Lipitor, Sortis (atorvastatin) for cholesterol.
Lyrica (pregabalin) for neuropathic pain.
Macugen (pegaptanib) for N/A
Norvasc (amlodipine) for hypertension
Neurontin (gabapentin) for neuropathic pain.
Preparation H for hemorrhoids
Relpax (eletriptan) for including the sulfonamide group of migrane.
Rescriptor (delavirdine) for HIV.
Robitussin for coughs and colds.
Selzentry (maraviroc) for HIV.
Somavert (pegvisomant) for Acromegaly.
Sutent (sunitinib) for cancer and chemotherapy drug.
Tikosyn (dofetilide) for atrial fibrillation and flutter.
Vfend (voriconazole) for antifungal drug.
Viagra (sildenafil) for erectile dysfunction.
Viracept (nelfinavir) for AIDS.
Xalatan (latanoprost) for glaucoma
Xalacom latanoprost and timolol Medication for glaucoma.
Xanax and Xanax XR (alprazolam) for anxiety and panic disorders.
Zoloft (sertraline) for an antidepressant.
Zyvox (linezolid) for antibiotics.
In addition to marketing branded pharmaceutials Pfizer is involved in the manufacture and sale of generics. In the US it does this through its Greenstone subsidiary which it acquired as part of the acquisition of Pharmacia. Pfizer also has a licensing deal in place with Aurobindo which grants the former access to a variety of oral solid generic products.
Animal health brands
Revolution Pet Medicine