Pfizer company facts
Pfizer is a pharmaceutical corporation with its headquarters in New York City, United States. It was founded in 1849 by Charles Pfizer and Charles Erhart in Brooklyn, New York. Their first product was an antiparasitic called santonin. Currently, Pfizer produces pharmaceutical products for a wide range of medical sectors such as immunology, cardiology, and neurology. Global revenue at Pfizer reached 52.8 billion U.S. dollars in 2016. Pfizer is active in 180 countries. Its research and development activities are focused on two groups: the PharmaTherapeutics Research and Development Group is prominent for its discovery of small molecules, while the BioTherapeutics Research and Development Group focuses on large-molecule developments, such as the development of vaccines.
The total number of employees working for Pfizer has decreased from 116,500 in 2009 to 78,300 in 2014. After a merger with Wyeth in 2009, Pfizer cut over 50,000 employees. Pfizer has been named one of Canada’s top 100 employers by Maclean’s magazine in 2007, but has also been subject to controversy in employment in other countries like in the United States.