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Full-Text Articles in Business Law, Public Responsibility, and Ethics

Pfizer, Jeffrey S. Harrison, Ryan Mcgowan, Kevin O'Neill, Lauren Shotwell, Joshua Torres Jan 2017

Pfizer, Jeffrey S. Harrison, Ryan Mcgowan, Kevin O'Neill, Lauren Shotwell, Joshua Torres

Robins Case Network

Pfizer was established in 1849 in Brooklyn, New York by cousins Charles Pfizer and Charles Erhart with a loan of $2,500 from Pfizer’s father.2 Today, 167 years later, Pfizer Inc. has international revenues of $49 billion, which makes it the second-largest pharmaceutical manufacturer in the world.3 Despite Pfizer’s success, the company has faced many challenges over the last few decades. The pharmaceutical industry is heavily influenced by legal, political, and technological forces, and all indications are that the industry will continue to experience dramatic changes.