Pfizer Inc. (NYSE: PFE)
Drug Manufacturers - General · New York, NY, United States · Founded 1849
- Market capitalization: $160.0 billion
- Annual revenue: $62.58 billion
- Net income: $7.77 billion
- Employees: 88,000
- Sector: Healthcare
- Headquarters: New York, United States
- Founded: 1849
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Pfizer is one of the world's largest pharmaceutical companies, catapulted to household-name status by its COVID-19 vaccine (Comirnaty, developed with BioNTech) and antiviral treatment Paxlovid. Beyond COVID, Pfizer sells blockbusters like Eliquis (blood thinner), Ibrance (breast cancer), and Prevnar (pneumonia vaccine). The company has been scrambling to fill the revenue hole left by declining COVID product sales.
Branded prescription drug sales across oncology, cardiovascular, immunology, and vaccines. COVID products generated over $56 billion in 2022 alone but collapsed to a fraction of that by 2024. The $43 billion Seagen acquisition (2023) added a promising oncology pipeline. R&D spending exceeds $10 billion annually. Pfizer is racing to launch new products to offset the COVID revenue cliff.
Charles Pfizer and Charles Erhart founded the company in Brooklyn in 1849. Pfizer mass-produced penicillin during World War II. Viagra launched in 1998 and became a cultural phenomenon. The COVID-19 vaccine partnership with BioNTech in 2020 was developed in record time. The $43 billion Seagen acquisition in 2023 was the largest pharma deal in years. CEO Albert Bourla became a public figure during the pandemic.
| Market Capitalization | $160.0B |
| Annual Revenue | $62.58B |
| Net Income | $7.77B |
| Profit Margin | 12% |
| Revenue per Employee | $711136K |
| Stock Exchange | NYSE |
| Ticker Symbol | PFE |
Financial data is approximate and based on most recent annual filings.
Pfizer's original product was an antiparasitic called santonin, flavored with toffee. The COVID vaccine generated more revenue in a single year than any pharmaceutical product in history. Pfizer's Groton, Connecticut research facility is one of the largest pharmaceutical R&D sites in the world. The company's stock actually declined during the pandemic vaccine rollout as investors looked past the windfall.
Pfizer's post-COVID hangover has been brutal, and the Seagen acquisition needs to deliver blockbusters to justify the price u2014 the company is in a classic big-pharma "buy growth" mode with execution risk.
What is Pfizer Inc.'s revenue?
Pfizer Inc. generates approximately $62.58 billion in annual revenue.
How many employees does Pfizer Inc. have?
Pfizer Inc. employs approximately 88,000 people worldwide.
What is Pfizer Inc.'s market cap?
Pfizer Inc. (PFE) has a market capitalization of approximately $160.0 billion on the NYSE.
When was Pfizer Inc. founded?
Pfizer Inc. was founded in 1849 and is headquartered in New York, NY, United States.
Who is the CEO of Pfizer Inc.?
Albert Bourla is the current CEO of Pfizer Inc..
What is Pfizer Inc.'s website?
Pfizer Inc.'s official website is pfizer.com.
| CEO | Albert Bourla |
| Sector | Healthcare |
| Industry | Drug Manufacturers - General |
| Founded | 1849 |
| HQ | New York, NY |
| Country | United States |
| Website | pfizer.com |
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