Pfizer Inc. (PFE)
American pharmaceutical company, one of the largest in the world. The company makes the most popular in the world of medicine – Lipitor (atorvastatin), which is used to lower cholesterol in the blood. The company also is the inventor and manufacturer of the world famous Viagra. The company’s shares are traded on the market since 1982. April 8, 2004 are included in the calculation base of the industrial index Dow Dzhonsaa. Headquartered in New York, and the main research center is located in Groton, Conn. Pfizer was named in honor of Americans of German origin Charles Pfizer and Charles Ehrhardt, who founded the pharmaceutical business in 1849 in Brooklyn. They produced an anti-parasite, which is called “santonine”. Their products immediately began to enjoy success. Rapid growth of the company began in 1880, when they began to produce citric acid.
In the 80s and 90s of the XX century the company has experienced a period of intense growth, which has been linked to the invention and selling new popular drugs. Today, the company manufactures products for a wide range of consumers under the well-known brands Benadryl, Sudafed, Listerine, Desitin, Visine, Ben Gay, Lubriderm, Zantac75 and Cortizone. products produced at the company’s plants located in 46 countries. There are offices in more than 100 countries worldwide. The main business units: Human Health, Animal Health, and Corporate Groups.
Pfizer is one of the leaders of the world pharmaceutical market. Shares of the company are a good tool for stable investments, and always find a worthy place in the formed investment portfolios.