Healthcare

Pfizer, Inc.

Company Profile Analysis

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Pfizer, Inc. - Healthcare showcase

Year Founded & Workforce

1848-12-31

83,000 Employees

Industry

Healthcare

Services

P

Pfizer, Inc. Overview

Company Headquarters: New York, US

Founded: 1849

Workforce: ~ 83,000

Company Working: Pfizer, Inc. is a well-established company and one of the major players in the global pharmaceuticals market. Pfizer Inc. is a research-based biopharmaceutical firm. The company is involved in the discovering, developing, manufacturing, marketing, sales and distribution of biopharmaceutical products across the globe. It operates through two segments—Pfizer innovative health and Pfizer essential health. The Pfizer innovative health segment focuses on research and development of medicines and vaccines and consumer healthcare products in different therapeutic areas. On the other hand, the Pfizer essential health segment is responsible for the research & development of branded generic products, generic sterile injectable products, biosimilars, and anti-infectives. The health care portfolio of Pfizer includes human and animal biologic and small molecule medicines and vaccines, along with nutritional products and many other consumer products. There are various brands under which the company provides vitamin and mineral supplements. Some of the brands selling vitamin and mineral supplements are Centrum, ProNutrients, Emergen-C, and Caltrate. The company operates through 36 manufacturing facilities throughout the world. Pfizer distributes its products in more than 185 countries across the globe.

Strategy

Pfizer, Inc. aims to maintain the quality and safety standards of its products. It is focused on offering innovative products and, thus, plans to invest heavily in research & development over the next few years. The company emphasizes inorganic as well as organic growth strategies such as investing heavily in R&D, developing and launching new products; expanding its presence in various regions and countries across the world; and acquiring small market players to expand its product portfolio. Moreover, Pfizer focuses on establishing an efficient supply chain, which helps the company in producing and distributing its products efficiently across the globe. This also allows the company to respond immediately to the changing consumer demands, thereby staying competitive in the industry.

Company Snapshot

$41,651M

Revenue

83,000

Employees

1848-12-31

Founded

New York, US

Headquarters

SWOT Analysis

Strengths

  • Strong brand name & recall globally
  • Diversified solution portfolio of products and services
  • Revived blockbuster credentials in recent years
  • Diversified portfolio of products and services
  • Revived credentials in recent years
  • Revived blockbuster credentials in the recent years
  • Diversified product portfolio
  • Strong brand name
  • Large distribution channel
  • Strong brand name in respective markets
  • Strong focus on targeted offerings
  • Strong sales and market strategies
  • Excellent R&D infrastructure
  • For more than 174 years, Pfizer has been a leading company in pharmaceutical industry. The company has built a solid and reputable brand over the period. The long-standing history of the company and its commitment to quality has earned it high trust among patients, healthcare professionals, and investors.
  • Pfizer’s dedication towards research and development has allowed the company in maintaining a strong pipeline of innovative drugs and therapies

Weaknesses

  • Legal complications in patents and drug-testing
  • Limited penetration of the biologics market
  • Legal complications in drug-testing
  • Expiration of patents
  • Limited penetration in the biologics market
  • Rely on limited business segments
  • Relies on limited business segments
  • Periodic difficulties and delays in manufacturing
  • Voluntary recalls of a product
  • Lacking in areas of primary concern such as cardiovascular (CV) & central nervous system (CNS)
  • Legal complication in patents and drug-testing
  • Patent expiration of its best seller drugs is the major challenge Pfizer faces. When patents expire, competitors can introduce basic versions of the drugs, significantly reducing revenue for the original product.

Opportunities

  • Strategic approach by cutting the manufacturing cost
  • Acquisition and in-licensing development opportunities
  • Acquisitions and in-licensing development opportunities
  • Robust market for generic medicines
  • Reduction of manufacturing cost
  • Acquisitions and joint ventures with regional distributors
  • Strategic acquisition activities
  • Strategic approach by cutting manufacturing cost
  • Pfizer can continue to expand and grow its product portfolio by doing strategic acquisitions and partnerships. By collaborating or acquiring the other companies, Pfizer can access new technologies, expand its business areas, and make its R&D pipeline stronger.

Threats

  • Deviations in legal aspects of healthcare
  • Mergers and acquisitions could further decline Pfizer’s profitability
  • High government regulation for using cannabinoid as a legal product
  • M&A activity could further decline Pfizer’s profitability
  • Strict control of government regulatory agencies
  • More government regulations for using cannabinoid as a legal product
  • Major software players entering into healthcare sectors
  • Mergers & acquisitions could further decline Pfizer’s profitability
  • Competitive market landscape
  • Deviations in legal aspects of regulatory policies in healthcare
  • Price wars
  • Pharmaceutical industry is highly regulated. Any changes in regulatory requirements or increased scrutiny affects the approval, development, and marketing of the products.

Key Developments

DateApproachDevelopment
June 2017PartnershipPfizer started to construct a new facility for research and development at Chesterfield, Missouri, US.
November 2018ApprovalPfizer received FDA approval for Daurismo for the treatment of acute myeloid leukemia.
July 2019AcquisitionPfizer acquired Array BioPharma Inc., a US-based company. This acquisition has strengthened Pfizer’s biopharmaceutical and oncology business.
July 2019AcquisitionPfizer acquired Therachon Holding AG, a clinical-stage biotechnology company. This acquisition has helped Pfizer to strengthen its clinical, biotechnology, other related businesses.
August 2019Joint VenturePfizer and GlaxoSmithKline entered into a joint venture to create a premier global consumer healthcare company, in which Pfizer owns a 32% equity stake, and GSK owns 68%. Under the agreement, it announced a merger of its consumer health business unit with GlaxoSmithKline, expanding its supplement and over-the-counter product portfolio.
September 2022ExpansionCentrum expanded its presence and entered in India Market. The company launched Centrum Multivitamin range for its entry in the Indian market. This multivitamin range is for recognising the difference in nutritional requirements by gender and age in India. It offers 4 multivitamin variants shaped for meeting the new age nutrition needs of various consumers. The multivitamin range includes Centrum Men, Centrum Women, Centrum Kids, and Centrum Adults 50+.
August 2019Joint VenturePfizer closed a deal of joint venture with GlaxoSmithKline. This joint venture helped the company in combining their brand product portfolio and provided with leadership positions in pain relief, respiratory and vitamins, minerals and supplements, and therapeutic oral health.

Product Offering

  • Pfizer, Inc.
    • Key Products
    • Allogenic CAR-T Candidate
    • CD22 Directed Antibody-Drug Conjugate
    • Heart Failure
    • Chemotherapy
    • Eye Health Supplements
    • Meningitis
    • Pemphigus Vulgaris
    • PEGylated Drugs
    • Nutricosmetics
    • Internal Medicine
    • Anti-hypertensive drugs
    • Vitamin & Mineral Supplements Market

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Pfizer, Inc. as part of our ongoing coverage of the Healthcare sector, drawing on public company data, filings, and market intelligence.

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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
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Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Pfizer, Inc.

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