kids encyclopedia robot

Pfizer facts for kids

Kids Encyclopedia Facts
Quick facts for kids
Pfizer Inc.
Public
Traded as
  • NYSEPFE
  • DJIA component
  • S&P 100 component
  • S&P 500 component
Industry Pharmaceutical
Founded 1849; 176 years ago (1849)
Founders Charles Pfizer
Charles F. Erhart
Headquarters ,
U.S.
Area served
Worldwide
Key people
Ian Read
(Executive Chairman)
Albert Bourla
(CEO)
Revenue Increase US$53.64 billion (2018)
Operating income
Decrease US$14.00 billion (2018)
Decrease US$11.15 billion (2018)
Total assets Decrease US$159.42 billion (2018)
Total equity Decrease US$63.40 billion (2018)
Number of employees
~92,400 (2018)
Subsidiaries Agouron Pharmaceuticals
G.D. Searle, LLC
Greenstone
Hospira
InnoPharma
Parke-Davis

Pfizer is a very large company that makes drugs and medicines. It started in 1849 in New York City, USA. Today, it is one of the biggest drug companies in the whole world.

Pfizer is well-known for making medicines like Advil and ChapStick. In 2009, Pfizer bought another big drug company called Wyeth. This made Pfizer even larger.

What Does Pfizer Do?

Pfizer makes many different kinds of medicines. These medicines help people stay healthy or get better when they are sick. They create drugs for many health problems.

How Medicines Are Made

Making new medicines takes a lot of time and research. Scientists at Pfizer work hard to discover new ways to treat diseases. They test many different ideas.

Testing New Drugs

After finding a promising idea, the new drug is tested carefully. This testing makes sure the medicine is safe for people to use. It also checks if the medicine works well.

History of Pfizer

Pfizer was started by two cousins, Charles Pfizer and Charles F. Erhart. They were immigrants from Germany. They began their company in a small building in New York.

Early Products

In the beginning, Pfizer made chemicals. One of their first successful products was a form of santonin. This was a medicine used to treat worms.

Growing Bigger Over Time

Over the years, Pfizer grew a lot. They started making more and more different medicines. They also expanded their business around the world.

Important Discoveries

Pfizer has been involved in many important medical discoveries. They have helped create medicines that have saved many lives. These include treatments for various illnesses.

Where is Pfizer Located?

Pfizer's main office is in New York City. But the company has offices and research centers all over the world. They work in many different countries.

Working Around the World

Because Pfizer is a global company, its medicines reach people everywhere. They have factories and research labs in many places. This helps them serve people worldwide.

Images for kids

See also

Kids robot.svg In Spanish: Pfizer para niños

kids search engine
Pfizer Facts for Kids. Kiddle Encyclopedia.