Difference between revisions of "Pfizer"
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+ | '''Pfizer Inc.''' is a multinational pharmaceutical corporation headquartered in [[New York City]]. In 2012, it was one of the world's largest pharmaceutical companies and ranked 57 on the 2018 Fortune 500 list of the largest [[United States]] corporations by total revenue.<ref>''[http://www.businessweek.com/ap/2012-03/D9TP13I80.htm "Pfizer moves higher amid persistent breakup talk"]''</ref><ref>''[http://fortune.com/fortune500/list/ "Fortune 500 Companies 2018: Who Made the List"]''</ref> | ||
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+ | ==Products== | ||
+ | Pfizer develops and produces medicines and vaccines for a wide range of medical disciplines, including immunology, oncology, cardiology, endocrinology, and neurology. Its products include the blockbuster drug Lipitor (atorvastatin), used to lower Low-density lipoprotein (LDL) blood cholesterol; Lyrica (pregabalin) for neuropathic pain and fibromyalgia; Diflucan (fluconazole), an oral antifungal medication; Zithromax (azithromycin), an antibiotic; Viagra (sildenafil) for erectile dysfunction; and Celebrex (also Celebra, celecoxib), an anti-inflammatory drug. | ||
+ | |||
+ | ==Mergers== | ||
+ | In 2016, Pfizer was expected to merge with Allergan to create the Ireland-based "Pfizer plc" in a deal that would have been worth US$160 billion.<ref>''[https://www.reuters.com/article/2015/11/24/us-allergan-m-a-pfizer-idUSKBN0TB0UT20151124 "Pfizer to buy Allergan in $160 billion deal"]''</ref> The merger was called off in April 2016, however, because of new rules from the [[US Department of the Treasury]] against tax inversions, a method of avoiding taxes by merging with a foreign company.<ref>''[https://www.reuters.com/article/us-allergan-m-a-pfizer-idUSKCN0X3188 "Pfizer, Allergan scrap $160 billion deal after U.S. tax rule change"]''</ref> The company has made the second-largest pharmaceutical settlement with the [[United States Department of Justice]]. | ||
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+ | On 19 December 2018, Pfizer announced a joint merger of their consumer healthcare division with UK pharma giant [[GlaxoSmithKline]] which maintains a controlling 68% of shares.<ref>''[https://www.bbc.co.uk/news/business-46616713 "GlaxoSmithKline and Pfizer merge healthcare arms"]''</ref> | ||
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+ | ==COVID-19 vaccine== | ||
+ | On 9 November 2020, Pfizer and partner [[BioNTech]] announced that their vaccine against [[COVID-19]] was strongly effective, exceeding expectations with results that are likely to be met with cautious excitement — and relief — in the face of the global pandemic. | ||
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+ | The vaccine is the first to be tested in the [[United States]] to generate late-stage data. The companies said an early analysis of the results showed that individuals who received two injections of the vaccine three weeks apart experienced more than 90% fewer cases of symptomatic [[Covid-19]] than those who received a placebo. For months, researchers have cautioned that a vaccine that might only be 60% or 70% effective. | ||
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+ | The Phase 3 study is ongoing and additional data could affect results. | ||
+ | |||
+ | In keeping with guidance from the [[Food and Drug Administration]], the companies will not file for an emergency use authorisation to distribute the vaccine until they reach another milestone: when half of the patients in their study have been observed for any safety issues for at least two months following their second dose. Pfizer expects to cross that threshold in the third week of November: | ||
+ | :“I’ve been in vaccine development for 35 years,” said [[William Gruber]], Pfizer’s senior vice president of vaccine clinical research and development. “I’ve seen some really good things. This is extraordinary.” He later added: “This really bodes well for us being able to get a handle on the epidemic and get us out of this situation.”<ref>''[https://www.statnews.com/2020/11/09/covid-19-vaccine-from-pfizer-and-biontech-is-strongly-effective-early-data-from-large-trial-indicate/ "Covid-19 vaccine from Pfizer and BioNTech is strongly effective, early data from large trial indicate"]''</ref> | ||
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==References== | ==References== | ||
{{reflist}} | {{reflist}} | ||
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Revision as of 20:33, 9 November 2020
Pfizer (Big pharma) | |
---|---|
Formation | 1849 |
Interest of | Ehden Biber, Tiffany Dover, Fazze, Owen Smith, Cristian Terheș, Vasudha Vats |
Member of | Alliance for Biosecurity, Business Roundtable, Council on Foreign Relations/Corporate Members, Transatlantic Policy Network |
Sponsored by | Bill & Melinda Gates Foundation |
Exposed by | Michèle Rivasi |
Subpage | •Pfizer/CEO •Pfizer/Vice President |
Pfizer Inc. is a multinational pharmaceutical corporation headquartered in New York City. In 2012, it was one of the world's largest pharmaceutical companies and ranked 57 on the 2018 Fortune 500 list of the largest United States corporations by total revenue.[1][2]
Contents
Products
Pfizer develops and produces medicines and vaccines for a wide range of medical disciplines, including immunology, oncology, cardiology, endocrinology, and neurology. Its products include the blockbuster drug Lipitor (atorvastatin), used to lower Low-density lipoprotein (LDL) blood cholesterol; Lyrica (pregabalin) for neuropathic pain and fibromyalgia; Diflucan (fluconazole), an oral antifungal medication; Zithromax (azithromycin), an antibiotic; Viagra (sildenafil) for erectile dysfunction; and Celebrex (also Celebra, celecoxib), an anti-inflammatory drug.
Mergers
In 2016, Pfizer was expected to merge with Allergan to create the Ireland-based "Pfizer plc" in a deal that would have been worth US$160 billion.[3] The merger was called off in April 2016, however, because of new rules from the US Department of the Treasury against tax inversions, a method of avoiding taxes by merging with a foreign company.[4] The company has made the second-largest pharmaceutical settlement with the United States Department of Justice.
On 19 December 2018, Pfizer announced a joint merger of their consumer healthcare division with UK pharma giant GlaxoSmithKline which maintains a controlling 68% of shares.[5]
COVID-19 vaccine
On 9 November 2020, Pfizer and partner BioNTech announced that their vaccine against COVID-19 was strongly effective, exceeding expectations with results that are likely to be met with cautious excitement — and relief — in the face of the global pandemic.
The vaccine is the first to be tested in the United States to generate late-stage data. The companies said an early analysis of the results showed that individuals who received two injections of the vaccine three weeks apart experienced more than 90% fewer cases of symptomatic Covid-19 than those who received a placebo. For months, researchers have cautioned that a vaccine that might only be 60% or 70% effective.
The Phase 3 study is ongoing and additional data could affect results.
In keeping with guidance from the Food and Drug Administration, the companies will not file for an emergency use authorisation to distribute the vaccine until they reach another milestone: when half of the patients in their study have been observed for any safety issues for at least two months following their second dose. Pfizer expects to cross that threshold in the third week of November:
- “I’ve been in vaccine development for 35 years,” said William Gruber, Pfizer’s senior vice president of vaccine clinical research and development. “I’ve seen some really good things. This is extraordinary.” He later added: “This really bodes well for us being able to get a handle on the epidemic and get us out of this situation.”[6]
An event carried out
Event | Location | Description |
---|---|---|
Foster child drug trials | New York US | National Institutes of Health and Big Pharma force fed experimental pharmaceuticals to infants, toddlers, children and teenagers in New York and elsewhere in the United States. |
Related Quotations
Page | Quote | Author | Date |
---|---|---|---|
BioNTech | “Yes, I would love to get vaccinated too, we just have to see that we follow the legal basics. We will have to produce over 1.3 billion doses of vaccine in the next six months, it is important that there are no staff absences and accordingly we are thinking about finding ways that legally allow us to protect our staff as well. But we have, that is still in the clarification at the moment.” | Ugur Sahin | December 2020 |
COVID-19/Resistance | “I have done my bit and been vaccinated because we were told that was the route to protect others and regain our freedoms. Neither was correct. I will not allow my perfectly healthy body to become a cash cow for Pfizer.” | Allison Pearson | 9 December 2021 |
Dominic Cummings | “In March [2020] I started getting calls from various people saying these new mRNA vaccines could well smash the conventional wisdom. [. . .] People like Bill Gates and that kind of network were saying. [. . .] Essentially what happened is, [. . .] there is a network of people, Bill Gates type people, who were saying completely rethink the paradigm of how you do this.. What Bill Gates and people like that were saying to me and others in number 10 was you need to think of this much more like the classic programs of the past. [. . .] the Manhattan Project in WWII, the Apollo program.. But what Bill Gates and people were saying [. . .] was, the actual expected return on this is so high that even if does turn out to be all wasted billions it's still a good gamble [. . .] and that is what we did.” | Dominic Cummings | May 2021 |
Employees on Wikispooks
Employee | Job | Appointed | End | Description |
---|---|---|---|---|
Hans Groth | Senior Director for Healthcare Policy & Market Access | 1988 | 2012 | Attended 2011 Bilderberg. |
Owen Smith | Head of Policy and Government Relations | 2005 | 2010 |
Sponsor
Event | Description |
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Bill & Melinda Gates Foundation | Very influential and rich foundation established to take leadership of global health. |
Related Document
Title | Type | Publication date | Author(s) | Description |
---|---|---|---|---|
Document:Researcher blows the whistle on data integrity issues in Pfizer’s vaccine trial | article | 2 November 2021 | Paul D Thacker | Whistleblowers from a contract research company helping to carry out Pfizer’s pivotal covid-19 vaccine trial say never experienced such a “helter skelter" work environment, saying speed may have come at the cost of data integrity and patient safety. |
References
- ↑ "Pfizer moves higher amid persistent breakup talk"
- ↑ "Fortune 500 Companies 2018: Who Made the List"
- ↑ "Pfizer to buy Allergan in $160 billion deal"
- ↑ "Pfizer, Allergan scrap $160 billion deal after U.S. tax rule change"
- ↑ "GlaxoSmithKline and Pfizer merge healthcare arms"
- ↑ "Covid-19 vaccine from Pfizer and BioNTech is strongly effective, early data from large trial indicate"