Who founded Pfizer, how did it become a world giant in the pharmaceutical industry?
Pfizer is one of the world's leading pharmaceutical companies. It was founded in New York in 1849 by cousins Charles Pfizer and Charles Erhart, German scientists. Pfizer has increased its popularity in recent years with the Covid-19 vaccine it developed in partnership with BioNTech.
Pfizer ranks first among the world's pharmaceutical companies with an annual revenue of 81.3 billion dollars.
The information about Pfizer, which is positioned as one of the largest pharmaceutical companies in the world today, is as follows:
Pfizer Inc.
- Founded: 1849, USA
- Approximately 78,500 employees in 125 countries
- Around 90 R&D projects all over the world as of 2022
- Wide and diversified global product portfolio in different treatment fields
- A healthcare company operating in the fields of human medicines, vaccines, health products and biotechnology, ranking among the top pharmaceutical companies in the world.
- 13.8 billion dollars investment in R&D
- Strong R&D projects that will offer new solutions to patients in important treatment areas such as cardiovascular and metabolic diseases, pain, inflammation, immunology, rare diseases, biosimilars, oncology and vaccines.
- 42 production sites worldwide
Karl Christian Friedrich Pfizer (March 22, 1824 – October 19, 1906), known as Charles Pfizer, was a German-American businessman and chemist who co-founded the Pfizer pharmaceutical company with his cousin, Charles F. Erhart, in 1849, as Chas. Pfizer & Co. Inc.
History
1849
Pfizer was founded as a chemical company in Brooklyn New York by two cousins, Charles Pfizer and Charles Erhart.
1929
Dr. As a result of James Curie's work at Pfizer, Pfizer was able to produce citric-acid in large quantities without the need for citrus fruits.
1942
The fermentation technique used in the production process of citric acid started to be used in the production of Penicillin, which is known as the miraculous medicine of the world, in high quantities. Pfizer went public.
1950
Terramycin hit the market as a Pfizer drug. Now, Pfizer's salespeople began to work to promote Pfizer products to physicians, provide them with information, and ensure that there are enough products available at wholesale points.
1951
Pfizer expanded to the world and established its first businesses in countries such as England, Cuba, Mexico and India.
1952
Agricultural Medicines Division was established. (The name was later changed to Department of Animal Health.)
2000
With the merger of Pfizer with Warner - Lambert, the new Pfizer has become the fastest growing pharmaceutical company in the world.
2003
With its merger with Pharmacia, Pfizer has become the world's largest research and development pharmaceutical company.
2005
By spending 7.4 billion dollars on research and development in 2005, it became the pharmaceutical company that made the largest investment in the world pharmaceutical industry.