About Pfizer Inc. (PFE)

Company Description:

Pfizer Inc. is a research-based global biopharmaceutical company which engages in the discovery, development, manufacture, marketing, sales, and distribution of biopharmaceutical products. Its global portfolio includes medicines and vaccines across a wide range of disciplines such as immunology, oncology, cardiology, endocrinology, and neurology.

The company was founded by Charles Pfizer and Charles F. Erhart on April 1849 and is currently headquartered in New York, NY, United States.

Main Product(s):

Pfizer's main products include a wide array of medicines and vaccines, including blockbusters like the cholesterol drug Lipitor, the erectile dysfunction medication Viagra, and the COVID-19 vaccine, developed in collaboration with BioNTech.

Short History of Pfizer Inc.:

• April 1849 – Pfizer was founded by cousins Charles Pfizer and Charles F. Erhart in Brooklyn, New York.
• June 1942 – Became one of the mass producers of penicillin.
• 2000 – Pfizer merged with Warner-Lambert.
• 2003 – Launched the drug Lyrica, an anticonvulsant and neuropathic pain agent.
• 2009 – Acquired Wyeth, significantly expanding its vaccine and biologics division.
• 2020 – Pfizer and BioNTech announced a collaboration on a COVID-19 vaccine, which played a significant role in the global vaccination effort.