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Home > Fortune 500 Companies > Pfizer, Inc
Pfizer, Inc
Pfizer Inc was incorporated in 1849. Pfizer, Inc is a publicly traded company having a good stock performance result. It’s a fortune 500 stock listed company trading under PFE.
Pfizer Inc is devoted to better health and greater access to healthcare for people and their valued animals. Their intention is helping people live longer, healthier, happier lives. Their direction to that intention is through discovering and developing breakthrough medicines, wellness, and treatment, providing information on prevention, consistent high-quality manufacturing of medicines, consumer products and global leadership in corporate accountability.
Pfizer reported fourth-quarter and full-year 2005 financial results that reflect operating and financial strength, with performance beyond expectations, determined by new medicines, in-line medicines, and accelerated cost savings, all while promising candidates continue to advance through the company's pipeline. While they are pleased that Pfizer's performance in 2005 exceeded previous expectations, investors should be aware that the factors driving Pfizer's performance may differ materially in 2006. They look forward to providing a full briefing on their 2006 strategy, financial guidance, products, and pipeline at their analyst meeting in New York on February 10.
The combined sales of these products generated 284 million dollars in fourth-quarter 2005 revenue and 632 million dollars in full-year 2005 revenue worldwide. Many of Pfizer's top medicines obtained double-digit growth worldwide in 2005 compared to 2004. In 2005, they repatriated nearly 37 billion dollars in foreign earnings, which Pfizer is using to enhance its balance sheet and invest in business opportunities. In addition, the company purchased nearly 4 billion dollars in common stock in 2005, and it will continue to buy back its stock in 2006.
Their mission is to become the world's most valued company to patients, business partners, colleagues, customers, investors and the communities where they work and live. They dedicate themselves to humanity's quest for longer, happier, healthier lives through improvement in pharmaceutical, consumer, and animal health products.
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