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Pfizer - Statistics & Facts

Lately, Pfizer is in the world’s focus due to its COVID-19 vaccine named Comirnaty that was developed in cooperation with German biotech company BioNTech. This was the first COVID-19 vaccine widely approved by national health authorities. Thanks to its massive sales during the pandemic, Pfizer was the world’s leading pharmaceutical company based on pharma sales revenue in 2021. The New York City-based company generated some 81 billion U.S. dollars of total revenue in 2021, of which around 36 percent in the United States. As of 2021, Pfizer was among the top three most valuable pharma and biotech companies with a market capitalization of over 260 billion U.S. dollars.

Blockbusters and spin-offs

Pfizer manufactured some of the best-selling pharmaceutical products worldwide. Lipitor was Pfizer’s top drug for many years, but lost its patent in May 2012. Thus, Lipitor’s revenue decreased from around 10 billion U.S. dollars in 2011 to some 1.8 billion U.S. dollars in 2016. Other well-known drugs produced by Pfizer are Lyrica and Viagra. Due to the spin-off of Pfizer's generics business Upjohn during 2020, these drugs are now owned and manufactured by Viatris (formed in late 2020 by the merger of Mylan with Upjohn). Until 2013, Pfizer also had a notable animal health product line.

R&D spending record during the pandemic

As is common practice in the pharmaceutical industry, Pfizer spends a substantial part of its revenue on research and development. In 2021, the company’s R&D expenditure stood at a record-high of 13.8 billion U.S. dollars, or almost 17 percent of its total revenue. Pfizer is among the companies with the highest number of products in the R&D pipeline to fight the COVID-19 pandemic. With some 79 thousand employees in 2021, Pfizer is also a significant employer all over the world.

Interesting statistics

In the following 5 chapters, you will quickly find the 28 most important statistics relating to "Pfizer".

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