Pfizer

From WikiMD's medical encyclopedia

Pfizer is an American multinational pharmaceutical corporation. It is one of the world's largest pharmaceutical companies, and was ranked 64th on the 2020 Fortune 500 list of the largest United States corporations by total revenue.

History

Pfizer was founded in 1849 by Charles Pfizer and Charles F. Erhart in Brooklyn, New York, where they produced an antiparasitic called santonin. The company has made multiple acquisitions to expand its research and development capabilities in both pharmaceuticals and vaccines.

Products and Services

Pfizer develops and produces medicines and vaccines for a wide range of medical disciplines, including immunology, oncology, cardiology, endocrinology, and neurology. Its products include the blockbuster drug Lipitor (atorvastatin), used to lower LDL blood cholesterol; Lyrica (pregabalin) for neuropathic pain and fibromyalgia; Diflucan (fluconazole), an oral antifungal medication; Zithromax (azithromycin), an antibiotic; Viagra (sildenafil) for erectile dysfunction; and Celebrex/Celebra (celecoxib), an anti-inflammatory drug.

Research and Development

Pfizer's research and development efforts are focused on a wide range of medical disciplines. In recent years, the company has been involved in the development of a COVID-19 vaccine in partnership with BioNTech, which has been authorized for emergency use around the world.

Controversies

Pfizer has been involved in several controversies, including allegations of price gouging, tax evasion, and unethical marketing practices. The company has also faced lawsuits related to the side effects of its drugs.

See Also

References


External Links

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