Pfizer and Pharmacia Merger

Pfizer And Pharmacia Merger

• Pfizer : Vishwajeet Aher

• Pharmacia : Shreyas Alai

• Merger : Vaibhav Agrawal

Pfizer Inc.

•  American Multinational Pharmaceutical Corporation.

(HQ - New York City)

• Largest Pharmaceutical corporation in terms of

revenues.

• Revenue - 67.42 Bn USD

• Income - 10.23 Bn USD

• Assets - 180 Bn USD

• Market Cap. – 201.59 Bn USD Corp.flv

• More than 40 Genuine products in market under its title

• Famous Products - Lipitor 

Difflucan

Zithromax

Celebrex

Bextra

• Feldene ( Piroxicam )

Products

History & Development

• Est. : 1849 by C. Pfizer & C. Erhart

• HQ : Brooklyn

• Chemicals Company

• Santonin – Antiparasitic

• 1880 – Citric Acid

• WW1

• Fermentation

• WW2 & Penicillin

• 1950 : Terramycin

• 1950s, Pfizer was established in Belgium, Brazil, Canada,

Cuba, Iran, Mexico, Panama, Puerto Rico, Turkey and the

United Kingdom.

• During the 1980s and 1990s Pfizer underwent a period of

growth sustained by the discovery and marketing

of Zoloft, Lipitor, Norvasc,Zithromax, Aricept, Diflucan.

Allegations

• Quigley Co.

• Bjork–Shiley heart valve

• Off-label promotional practices

• Nigeria

• Inorganic Growth: - Warner- Lambert

- Wyeth

- Pharmacia

- King Pharmaceutical

History & Development

• Est. – 1911 in Stockholm, Sweden by Gustav Felix

• Phospho – Energon

• WW2 – Polysaccharide dextran

• 1943 – Macrodex

• 1959 – Gel Filtration, Sephadex

• 1986 – Pharmacia Biotech.

• 1995 - Pharmacia Upjhon, London

• 1999 – Pharmacia & Upjhon merge with Monsanto

Company

Sequence of Mergers

Pharmacia Biotech aquired by Upjhon, 1995

Monsanto Company

G. D. Serale & Company

1985

2000

2002

Merger

• Pharmacia Corp. aquired by Pfizer on July 2003

• Deal was finalized for 60 Bn USD

• Largest merger in Global Pharmaceutical History

• Reasons

1.Marketing rights for Celebrex

2.To position Pfizer as a long term global leader in

pharmaceutical industry

3.To strengthen research in oncology medicines.

Post Merger Consequences

• 12 Products of celebrex with annual revenue of more than

1 Bn USD

• Enhanced therapeutic portfolio of Pfizer in oncology,

opthalmology and endocrinology

• Increased share prices of Pfizer

• Closure of some of Pharmacia’s facilities and job cuts

Thank You ..!

- Vishwajeet Aher/02- Shreyas Alai/03- Vaibhav Agrawal/01

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Questions …..If Any ?

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