Please forward this error screen to sharedip-160153405. Headquarters New York City, Af form 171 pdf York, U. American pharmaceutical corporation headquartered in New York City, with its research headquarters in Groton, Connecticut. Pfizer is one of the world’s largest pharmaceutical companies.
It is listed on the New York Stock Exchange, and its shares have been a component of the Dow Jones Industrial Average since 2004. 160 billion, to create the Ireland-based “Pfizer plc”. Pfizer was founded in 1849 by cousins Charles Pfizer and Charles F. Erhart in New York City as a manufacturer of fine chemicals. Pfizer is named after German-American Charles Pfizer who co-founded the company with his cousin Charles F. World War I caused a shortage of calcium citrate that Pfizer imported from Italy for the manufacture of citric acid, and the company began a search for an alternative supply. Pfizer chemists learned of a fungus that ferments sugar to citric acid and were able to commercialize production of citric acid from this source in 1919.
In the 1940s, penicillin became very inexpensive. As a result, Pfizer searched for new antibiotics with greater profit potential. 1950 changed the company from a manufacturer of fine chemicals to a research-based pharmaceutical company. By the 1950s, Pfizer had established offices in Belgium, Brazil, Canada, Cuba, Mexico, Panama, Puerto Rico, and the United Kingdom. In 1960, the company moved its medical research laboratory operations out of New York City to a new facility in Groton, Connecticut. Development of torcetrapib, a drug that increases production of HDL, or “good cholesterol”, which reduces LDL thought to be correlated to heart disease, was cancelled in December 2006. In September 2009, Pfizer pleaded guilty to the illegal marketing of the arthritis drug Bextra for uses unapproved by the U.
3 billion settlement, the largest health care fraud settlement at that time. On May 6, 2013, Pfizer told The Associated Press it would begin selling Viagra directly to patients via its website. 8 billion, at the time, created the second largest pharmaceutical company in the world. In 2002, Pfizer merged with Pharmacia. Pharmacia had been formed by a series of mergers and acquisitions from its predecessors, including Searle, Upjohn and SUGEN. Searle was founded in Omaha, Nebraska, in April 1888. The founder was Gideon Daniel Searle.
In 1908, the company was incorporated in Chicago, Illinois. In 1941, the company established headquarters in Skokie, Illinois. The Upjohn Company was a pharmaceutical manufacturing firm founded in 1886 in Kalamazoo, Michigan, by Dr. Upjohn, an 1875 graduate of the University of Michigan medical school. SUGEN, a company focused on protein kinase inhibitors, was founded in 1991 in Redwood City, California, and acquired by Pharmacia in 1999. The company pioneered the use of ATP-mimetic small molecules to block signal transduction. In 2008, Pfizer announced 275 job cuts at the Kalamazoo manufacturing facility.