Pfizer Inc.

Pfizer, based in New York City, is an American global pharmaceutical firm. Pfizer works via two business segments: Pfizer Innovative Health (IH) and Pfizer Essential Health (EH). It is one of the world's major pharmaceutical businesses. Pfizer is a pharmaceutical company that makes and develops vaccines and drugs for a variety of medical fields, including immunology, cardiology, endocrinology, and neurology.

Pfizer had yearly revenues of $51.8 billion in 2019, and has been the second-largest pharmaceutical firm in the United States for the previous four years, behind Johnson & Johnson. Pfizer's first-quarter 2020 revenues of $12.0 billion and second-quarter 2020 revenues of $11.8 billion were down 7% and 9%, respectively, due to operational declines. COVID-19 had an estimated unfavorable impact of approximately $500 million, or 4%, on the company's third-quarter 2020 revenues of $12.1 billion, primarily driven by lower demand for certain products in China and unfavorable disruptions to patient wellness visits in the United States, which negatively impacted prescribing patterns for certain products, partially offset by increased adult uptake for Prevenar 13 in certain international markets as a result of a regulatory change.

Founded: 1849
Headquarters: New York, New York, United States
Market Cap: 278.82B USD
Website: https://www.pfizer.com/