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Global 500

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187

Pfizer

PFE

U.S.

Last year marked the end of an era for Pfizer. As the company’s patent exclusivity expired for Viagra, its blockbuster erectile dysfunction drug, the pharmaceutical giant has struggled to discover its next big hit. In January, Pfizer discontinued its research into treatments for Alzheimer’s and Parkinson’s. And after long resisting calls to split itself up, the company found itself mulling whether to sell its consumer health care business to suitors such as Procter & Gamble. Meanwhile Pfizer, which acquired biosimilars maker Hospira in 2015, is still working to address that company’s manufacturing issues, which have led to drug shortages.

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CEO

Ian C. Read

Sector

Health Care

Industry

Pharmaceuticals

HQ Location

New York City

Years on Global 500 List

24

Employees

90,200

Key Financials (Last Fiscal Year)
($ Millions)% change
Revenues ($M)$52,546-0.5%
Profits ($M)$21,308.0195.3%
Assets ($M)$171,797
Total Stockholder Equity ($M)$71,308
Profit Ratios
Profit as % of Revenues40.6%
Profits as % of Assets12.4%
Profits as % of Stockholder Equity29.9%
STOCK QUOTE
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News about Pfizer

Viagra Sales Are Down. Here's Why Pfizer Maintains Its Market Lead Anyway

Pfizer also makes and markets a generic formula of its popular patented pill.

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Pfizer's Best-Selling Drug Is Actually a Vaccine—and Its Price Keeps Increasing

Prevnar 13 protects against infections including pneumonia, and is more popular than ever, thanks to the CDC.

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With Brexit's Trade Future Unsure, British Companies Don't Keep Calm, They Stockpile On

“Nearly every square meter” of warehouse space is full, said Business Minister Richard Harrington.

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