Phifer India New No: AD 13, Old No:AD 83. [186] Aondoakka, who had allegedly demanded bribes from Pfizer in return for a settlement of the case,[187] was declared unfit for office and had his U.S. visa revoked in association with corruption charges in 2010. [75] The divestment was expected to raise approximately $15 billion. These skills were applied to the mass production of the antibiotic penicillin during World War II in response to the need to treat injured Allied soldiers. Phifer is a great company to work for Digital Marketing Manager (Former Employee) - Tuscaloosa, AL - June 13, 2020 Phifer is a family environment and truly believes that every voice is important in the company. Feb 6, 2014. [115], In 2018, Pfizer announced that it would end its work on research into treatments for Alzheimer's disease and Parkinsonism (a symptom of Parkinson's disease and other conditions). This was an immediate success, although it was production of citric acid that led to Pfizer's growth in the 1880s. [105] On the same day, Saudi Arabia approved the vaccine, becoming the 4th country to do so. [30] Warner–Lambert was founded as a Philadelphia drug store in 1856 by William R. Warner. [59], In September 2020, the company announced it had purchased a 9.9% stake in CStone Pharmaceuticals for $200 million (HK$1.55 billion), helping to commercialise its anti-PD-L1 monoclonal antibody, CS1001. [192] The Sierra Club and the Edison Wetlands Association have come out in opposition to the cleanup plan, arguing that the area is subject to flooding, which could cause pollutants to leach. [63] Pfizer retained 414 million Class B shares, giving it an 83% controlling stake in the firm. The Justice Department declined to intervene, and Pfizer fired him, and he filed a wrongful termination suit against Pfizer. Copyright © 2002-2021 Pfizer Inc. All rights reserved. On November 23, 2015, Pfizer and Allergan, plc announced their intention to merge for an approximate sum of $160 billion, making it the largest pharmaceutical deal ever, and the third largest corporate merger in history. Mark, Mark W. Parrish and Pauline van der Meer Mohr as their Board nominees – all directors of Mylan. [38], The merger was broadly criticized. Our goal is simple: to provide you with the highest quality products at the lowest possible prices. At Pfeiffer, this is not only our goal, it's our commitment. [193], In June 2002, a chemical explosion at the Groton plant injured seven people and caused the evacuation of more than a hundred homes in the surrounding area. Its success helped make penicillin available to Allied soldiers by the end of the war. richard.ford@insurance.alabama.gov . Board of Directors approves quarterly cash dividend of $0.39 per share Pfizer Inc. (NYSE: PFE) today announced that its board of directors declared a 39-cent second-quarter 2021 dividend on the company’s common stock, payable June 4, 2021, to holders of the Common Stock of record at the close of business on May 7, 2021. [105] An independent panel voted 17-4 in support of the FDA approving the vaccine. A research-based pharmaceutical company, Pfizer discovers, develops, manufactures, and markets prescription medicines such as Lipitor, Celebrex, and Viagra. This culminated in a $450 million amicable settlement without going to trial. In 1952 J. Reese Phifer established Phifer Incorporated in Tuscaloosa, Ala. (USA) as a weaver of aluminum insect screening. More than 5,000 healthcare professionals were entertained at meetings in Bahamas, Virgin Islands, and across the U.S." [171][172] Despite Pfizer's claims that "the company's intent was pure" in fostering a legal exchange of information among doctors, an internal marketing plan revealed that they intended to train physicians "to serve as public relations spokespeople. "[39] Analysts said at the time, "The Warner–Lambert and Pharmacia mergers do not appear to have achieved gains for shareholders, so it is unclear who benefits from the Wyeth–Pfizer merger to many critics. Here we take a look at the colourful history of one of the biggest drugmakers in the world. On July 27, 2020, the companies announced the start of a global (except China) Phase II–III safety and efficacy clinical study to evaluate the mRNA vaccine candidate BNT162b2. Montgomery, Alabama 36104 . Company, was formerly the site of a thriving community as well. In December 2019, Pfizer chose former CEO and Chairman, Ian Read and Director of Pfizer, James Kilts. The company developed expertise in fermentation technology as a result. [49], In May 2016, the company announced it would acquire Anacor Pharmaceuticals for $5.2 billion, expanding the company's portfolio in both inflammation and immunology drugs areas. Thoughts from our Chairman and CEO on a year defined by loss, learning and an approaching liberation. ", "Zoetis™ Files IPO Registration Statement", "Zoetis Raises $2.2 Billion in IPO – WSJ.com", "Shares of animal health company Zoetis soar in IPO", "Pfizer Bets $15 Billion on New Class of Generic Drugs", "Pfizer, Hospira share prices to soar after $17bn deal announced", "US-based Hospira to buy Orchid Chemicals' injectables biz for $400 mn", "Pfizer seals $160bn Allergan deal to create drugs giant", "Pfizer and Allergan to Combine With Joint Value of $160 Billion", "Pfizer and Allergan Call Off Merger After Tax-Rule Changes", "Pfizer Reviewing Strategic Alternatives for Consumer Healthcare Business", "Exclusive: Pfizer to launch consumer health sale in November – sources", "Reckitt Benckiser's still keen on a Pfizer OTC buy. But when Aida Habtezion, M.D., learned about the opportunity to serve as Pfizer’s new Chief Medical Officer, she couldn’t pass it up. [180] In response, the company has released a press statement describing the allegations as "preposterous" and saying they acted in good faith. [7] The company has made the second-largest pharmaceutical settlement with the United States Department of Justice. There's just been an enormous amount of shareholder wealth destroyed. Alabama Department of Insurance . Phone – 205-345-2120. [27], A July 2010 article in BusinessWeek reported that Pfizer was seeing more success in its battle against makers of counterfeit prescription drugs by pursuing civil lawsuits rather than criminal prosecution. (Document ID: 1631280041). [66] Hospira is the largest producer of generic injectable pharmaceuticals in the world. This page was last edited on 25 April 2021, at 13:54. In August, the company made a $40 million bid for the assets of the now bankrupt BIND Therapeutics through the U.S. Bankruptcy Court. The results from that 30,000-person trial aren’t expected until sometime in May. This information—including product information—is intended only for residents of the United States. 3rd floor, 5th Avenue. This deal expanded the company's vaccine portfolio targeting human cytomegalovirus. [159], A "whistleblower suit" was filed in 2005 against Wyeth, which was acquired by Pfizer in 2009, alleging that the company illegally marketed their drug Rapamune. At Phifer & Company, we seek to fully grasp your long and short term goals so we can match you with the job you need to propel your career forward. [129] Pfizer also has a licensing deal in place with Aurobindo, which grants the former access to a variety of oral solid generic products. And unlike other companies pursuing a vaccine, Pfizer did not receive up-front financial backing before it began developing and manufacturing its vaccine. For example, in the first nine months of 2009 Pfizer spent over $16.3 million on lobbying US congressional lawmakers, making them the sixth largest lobbying interest in the US (following Pharmaceutical Research and Manufacturers of America (PhRMA), which ranked fourth but also represents many of their interests). In February 2015, Pfizer and Hospira agreed that Pfizer would acquire Hospira for $15.2 billion,[66] a deal in which Hospira shareholders would receive $90 in cash for each share they owned. [108], On December 21, 2020, the European Union European Medicines Agency (EMA) recommended granting a conditional marketing authorisation for the vaccine "Comirnaty" developed by BioNTech and Pfizer. Brigham Young University (BYU) said a professor of chemistry, Dr. Daniel L. Simmons, discovered an enzyme in the 1990s that would later lead towards development of Celebrex. Pfizer said it would take a $450 million charge against first quarter earnings to settle. [11][13] By 1906, sales totaled $3.4 million. March 20, 2006. [151] The American Academy of Neurology rates it as having unproven efficacy, while the Canadian Headache Society and the European Federation of Neurological Societies rate its use as being supported by moderate and low-quality evidence, respectively. Changing careers in the middle of a pandemic is no small endeavor. [53][54] On Medivation's final day of trading, its shares were valued at $81.44 each, giving an effective market capitalisation of $13.52 billion. Share your location or enter your city or zip code to find studies near you. old. [36], On January 26, 2009, after more than a year of talks between the two companies, Pfizer agreed to buy pharmaceuticals rival Wyeth for a combined $68 billion in cash, shares and loans, including $22.5 billion lent by five major Wall Street banks. : The Bjork–Shiley Convexo-Concave Heart Valve Story", "Ex-Pfizer Worker Cites Genetically Engineered Virus In Lawsuit Over Firing", "A Pfizer Whistle-Blower Is Awarded $1.4 Million", "Blue Cross Names and Shames Pfizer Execs Linked to Massages-for-Prescriptions Push", "Blue Cross Blue Shield of Texas sues Pfizer", "BCBS names Pfizer managers in kickback suit", "Blue Cross Blue Shield of Texas sues Pfizer over drug marketing", "Pfizer Agrees to $325 Million Neurontin Marketing Accord", "Pfizer settles lawsuit involving Celebrex", "Sequelae due to bacterial meningitis among African children: a systematic literature review", WikiLeaks Cables: Pfizer Targeted Nigerian Attorney General to Undermine Suit over Fatal Drug Tests, Panel Faults Pfizer in '96 Clinical Trial In Nigeria, "Pfizer Bribed Nigerian Officials in Fatal Drug Trial, Ex-Employee Claims – CBS News", "Trovan, Kano State Civil Case – Statement Of Defense", "WikiLeaks cables: Pfizer 'used dirty tricks to avoid clinical trial payout, "In Defense of Blackmail: Why Shouldn't Pfizer Dig Dirt on Crooked Pols? Coordinates: .mw-parser-output .geo-default,.mw-parser-output .geo-dms,.mw-parser-output .geo-dec{display:inline}.mw-parser-output .geo-nondefault,.mw-parser-output .geo-multi-punct{display:none}.mw-parser-output .longitude,.mw-parser-output .latitude{white-space:nowrap}41°20′04″N 72°04′05″W / 41.3343429°N 72.06795°W / 41.3343429; -72.06795, Pfizer Inc. (/ˈfaɪzər/ FY-zər)[3] is an American multinational pharmaceutical corporation. Sean.duke@insurance.alabama.gov . Pfizer continued to buy property in Williamsburg to expand its lab and factory, retaining offices on Flushing Avenue until the 1960s; the Brooklyn plant would ultimately close in 2009. [42] However, as of 2014, Pfizer has a reduced presence at the site;[43] it also has a UK research unit in Cambridge. The Associated Press WASHINGTON -- The Trump administration will pay Pfizer nearly $2 billion for a December delivery of 100 million doses of a COVID-19 vaccine the pharmaceutical company is developing, Health and Human Services Secretary Alex Azar announced Wednesday. Pfizer supports the global healthcare community’s independent initiatives to improve patient outcomes in areas of unmet medical need that are aligned with Pfizer’s medical and/or scientific strategies. [116], In 2018, Pfizer signed an agreement with the German biotechnology company BioNTech, to conduct joint research and development activities, to further the advance of mRNA-based flu vaccines. [94], On November 9, 2020, Pfizer announced that the vaccine had a nearly 95% efficacy rate with no serious side effects. Prescription Drug Plan . "[167] The court found that McClain failed to demonstrate that her illness was caused by exposure to the lentivirus,[citation needed] but also that Pfizer violated whistleblower laws. [70] On the final day of trading, Hospira shares traded for $89.96 each, giving a market capitalization of $15.56 billion. Its revenues reached $51.8 billion in 2019. The transaction created a new company, Viatris, using a reverse Morris trust structure. Phifer Incorporated 4400 Reese Phifer Ave Tuscaloosa, Alabama, 35403-1700, USA. Few companies embody the term ‘pharma giant’ as much as Pfizer. Lipitor alone was not implicated in the results, but Pfizer lost nearly $1 billion developing the failed drug and the market value of the company plummeted afterwards. But can it afford one? [60] In October, Pfizer announced it had acquired Arixa Pharmaceuticals. During a Phase III clinical trial involving fifteen thousand patients, more deaths than expected occurred in the group that took the medicine, and a sixty percent increase in mortality was seen among patients taking the combination of torcetrapib and Lipitor versus Lipitor alone. [96] On December 2, 2020, the United Kingdom granted emergency use authorization to Pfizer–BioNTech's vaccine, becoming the first country to approve a COVID-19 vaccine that had been tested in a "large clinical trial" of "43,000 people". Board of Directors approves quarterly cash dividend of $0.39 per share Pfizer Inc. (NYSE: PFE) today announced that its board of directors declared a 39-cent second-quarter 2021 dividend on the company’s common stock, payable June 4, 2021, to holders of the Common Stock … Susan Decker for Bloomberg News. While the specific facts of the case remain in dispute, both Nigerian medical personnel and at least one Pfizer physician have said the trial was conducted without regulatory approval.[181][182]. [72] On April 6, 2016, Pfizer and Allergan announced they would be calling off the merger after the Obama administration introduced new laws intended to limit corporate tax inversions (the extent to which companies could move their headquarters overseas in order to reduce the amount of taxes they pay). [122], Key Pfizer products include a pneumococcal conjugate vaccine, trademarked Prevnar 13; this, along with Pneumosil, produced by the Serum Institute of India, and Synflorix, produced by GlaxoSmithKline, is used for the prevention of invasive pneumococcal infections. Two Drugs Are Critical. The U.S. could buy another 500 million doses under the agreement, Azar said. Jim Edwards for BrandWeek. [166], A federal lawsuit was filed by a scientist claiming infection by a genetically modified virus while working for Pfizer which resulted in her being intermittently paralyzed. Sharing resources to stay safe and updates on our efforts we hope could bring an end to the global health crisis. Pfizer makes Eliquis, Enbrel, EpiPen, Depo-Provera, Dimetapp, Neosporin, Xeljanz and Zithromax/Zmax. Within five years the drug was being widely used for the off-label treatment of pain and psychiatric conditions. [126], Lyrica, a pregabalin for neuropathic pain, is another key product with sales of $4.6 billion in 2013; the US patent on Lyrica was challenged by generic manufacturers and was upheld in 2014, giving Pfizer exclusivity for Lyrica in the US until 2018. Harvard Business School's Gary Pisano told The Wall Street Journal, "the record of big mergers and acquisitions in Big Pharma has just not been good. [99][100], On December 8, 2020, Britain began initial distribution of the Covid-19 vaccine. Pfizer is one of the world's largest pharmaceutical companies, and was ranked 64th on the 2020 Fortune 500 list of the largest U.S. corporations by total revenue, at $47.644 billion as of December 31, 2020. [158] Pfizer won a summary dismissal of the case, with the court ruling that the evidence showed Pfizer had decided to fire Rost prior to learning of his whistleblower activities. 201 Monroe Street, Suite 1700 . [52] Later, in August, the company announced the acquisition of cancer drug-maker – Medivation – for $14 billion. [50] On their final trading day, Anacor shares traded for $99.20 each, giving Anacor a market capitalisation of $4.5 billion. A six-year battle ensued because BYU claimed that Pfizer did not give Dr. Simmons credit or compensation, while Pfizer claims it had met all obligations regarding the Monsanto agreement. [44], On September 4, 2012, the FDA approved a Pfizer pill for a rare type of leukemia. Parke–Davis was founded in Detroit in 1866 by Hervey Parke and George Davis. [184], In December 2010, WikiLeaks released US diplomatic cables, which indicate that Pfizer had hired investigators to find evidence of corruption against Nigerian attorney general Aondoakaa to persuade him to drop legal action. [62] Zoetis's IPO on February 1, 2013, sold 86.1 million shares for $2.2 billion. ", "Pfizer to Expand Fluconazole Donation Program to More than 50 Developing Nations", "Metronidazole Monograph for Professionals", "Effect of Evergreened Reformulations on Medicaid Expenditures and Patient Access from 2008 to 2016", "Pfizer loses court ruling on Norvasc patent", "Infectious Diseases Society of America/American Thoracic Society consensus guidelines on the management of community-acquired pneumonia in adults", "Azithromycin: A world best-selling Antibiotic", "Top 25 Psychiatric Medication Prescriptions for 2011", "Narrative review: the promotion of gabapentin: an analysis of internal industry documents", "The 2012 AHS/AAN guidelines for prevention of episodic migraine: a summary and comparison with other recent clinical practice guidelines", "Pfizer Pays $2.3 billion to Settle Marketing Case", "In Settlement, A Warning To Drugmakers: Pfizer to Pay Record Penalty In Improper-Marketing Case", "The United States Department of Justice – United States Attorney's Office – District of Massachusetts", "Corporate Integrity Agreement between the Office of the Inspector General of the Department of Health and Human Services and Pfizer Inc", "Wyeth Marketing Targeted Blacks Illegally: Lawsuit // Pharmalot", "Congress joins probe into Wyeth's Rapamune marketing", "Pfizer settles more off-label marketing cases tied to Rapamune – FiercePharma", "Could It Happen Again? According to the whistleblowers, Wyeth also provided doctors and hospitals with kickbacks to prescribe the drug in the form of grants, donations and other money. King Pharmaceuticals Research and Development, Inc. The medicine, called Bosulif, treats chronic myelogenous leukemia (CML), a blood and bone marrow disease that usually affects older adults. ALABAMA Sean Duke (334) 241-4165 . [45], In July 2014, the company announced it would acquire Innopharma for $225 million, plus up to $135 million in milestone payments, in a deal that expanded Pfizer's range of generic and injectable drugs. The merged company was based in Peapack-Gladstone, New Jersey. It planned to expand human trials to thousands of test patients by September 2020. Prevnar 13 provides coverage of 13 bacterial variants, expanding beyond the original 7-valent version. [69] Including debt, the deal is valued around $17 billion. BYU was originally seeking a fifteen percent royalty on sales, which would equate to $9.7 billion. Pfizer also summered in the similarly exclusive Newport, Rhode Island, where he died in 1906. [41], In February 2011, it was announced that Pfizer was to close its UK research and development facility (formerly also a manufacturing plant) in Sandwich, Kent, which at the time employed 2,400 people. "[173], Controversy arose over the drug "Celebrex". The introduction of the original, 7-valent version of the vaccine, developed by Wyeth in February 2000,[123] led to a 75% reduction in the incidence of invasive pneumococcal infections among children under age 5 in the United States. As a result, you can feel good about recommending Pfeiffer to your … Anna Nagar, Chennai, Tamil Nadu 600 040 (India) Phone – 081-9000-4000 State Contacts . Search for Clinical Trials by condition, keyword or trial number. It will also place an additional $535 million into an asbestos settlement trust that will compensate future plaintiffs as well as the remaining twenty percent of plaintiffs with claims against Pfizer and Quigley. [127] Xeljanz, a tofacitinib) for rheumatoid arthritis and ulcerative colitis, had sales of $1.77 billion in 2018 and in January 2019 it was top drug in the United States for direct-to-consumer advertising, passing Humira.[128]. Frank served both as Minority Counsel under former Chairman Sam Gibbons (D-FL) and as Majority international trade counsel on the Subcommittee on Trade. Find the latest Pfizer, Inc. (PFE) stock quote, history, news and other vital information to help you with your stock trading and investing. Pfizer reported the Pharmacia marketing practices to the FDA and Department of Justice; Rost was unaware of this and filed an FCA lawsuit against Pfizer. [102], Also on December 9, 2020, Canada became the third country to approve the Pfizer–BioNTech COVID-19 vaccine, initially purchasing 20M doses and preserving the option to purchase up to 56M additional doses. [21], The Upjohn Company was a pharmaceutical manufacturing firm founded in 1886 in Kalamazoo, Michigan, by Dr. William E. Upjohn. Global Leadership Coalition, Global Trust members", Lobbying, Campaign Contributions, and Health Care Reform, "WikiLeaks: Drug firms tried to ditch Clark", "Senator Warren asks former FDA chief Gottlieb to resign from Pfizer board", Pharmaceutical companies of the United States, https://en.wikipedia.org/w/index.php?title=Pfizer&oldid=1019799442, Companies listed on the New York Stock Exchange, Former components of the Dow Jones Industrial Average, Multinational companies based in New York City, Publicly traded companies based in New York City, Research and development in the United States, Companies listed on the Bombay Stock Exchange, Pharmaceutical companies established in 1849, All Wikipedia articles written in American English, Articles with unsourced statements from January 2021, Articles with unsourced statements from April 2020, Articles lacking reliable references from December 2020, Articles with unsourced statements from December 2020, Wikipedia articles with WORLDCATID identifiers, Srpskohrvatski / српскохрватски, Creative Commons Attribution-ShareAlike License. Current information on our scientific progress to bring forward a safe and effective vaccine to help protect against the novel coronavirus. Inventing a tablet-coating process gained Warner a place in the Smithsonian Institution. [84], In October 2020, the US Federal Trade Commission approved the combination. – FiercePharma", "OncoImmune Licenses ONC-392 to Pfizer for Up to $250M", "Pfizer Acquires Rare-Drug Company Therachon for $810 Million", "Pfizer makes $10.6 billion cancer bet in cash deal for Array Biopharma", "Pfizer to buy 9.9% of CStone for $200 million, eyes collaboration", "Could Arixa Pharmaceuticals' Lead Product Pave the Way for More Efficient Antibiotics? Pfizer is the world's largest pharmaceutical company, and was ranked 64th on the 2020 Fortune 500 list of the largest U.S. corporations by total revenue, at $47.644 billion as of December 31, 2020.[4][5][1]. The EPA considers the plan the most reasonable from considerations of safety and cost-effectiveness, arguing that an alternative plan involving trucking contaminated soil off site could expose cleanup workers. Of that $535 million, $405 million is in a forty-year note from Pfizer, while $100 million will come from insurance policies. PIFER PHARMACEUTICALS PVT. [121], As of 2017, Pfizer split its business into two primary segments: (1) innovative health, which includes branded drugs and vaccines, and (2) essential health. The Wall Street Journal (Eastern Edition), p. A.1. [31][35], In 2008, Pfizer announced 275 job cuts at the Kalamazoo manufacturing facility. See reviews, photos, directions, phone numbers and more for the best Pharmaceutical Products-Wholesale & Manufacturers in Herndon, VA. [63] Most of the money raised through the IPO was used to pay off existing Pfizer debt.[65]. – CBS News", "Michael Aondoakaa "Unfit" To Remain SAN, Says CDHR In High-Powered Petition", "USAfrica: The Authoritative Link for Africans and Americans", "Pfizer Commended For Leadership In Addressing Climate Change For Third Consecutive Year", "Pfizer Recognized by Carbon Disclosure Project for Carbon Performance", "Activists say EPA $204M fix for polluted American Cyanamid property will not permanently resolve problem", "U.S. We have started a global study to evaluate use of the Pfizer-BioNTech COVID-19 vaccine in preventing COVID-19 in healthy children 11 years to 6 mos. Under the agreement, following BioNTech’s completion of a first in-human clinical study, Pfizer would assume sole responsibility for further clinical development and commercialization of mRNA-based flu vaccines. In 2021, the world of PR, digital, and marketing transforms rapidly, with innovations and trends constantly changing. [174] Fearing that Pfizer is "too big too fail" and prosecuting them would result in disruptions to Medicare and Medicaid services, federal prosecutors instead charged a subsidiary of a subsidiary of a subsidiary of Pfizer, which is "nothing more than a shell company whose only function is to plead guilty. [179] According to the news program Democracy Now!, "[r]esearchers did not obtain signed consent forms, and medical personnel said Pfizer did not tell parents their children were getting the experimental drug. In 1881, Pfizer moved its administrative headquarters to 81 Maiden Lane in Manhattan, presaging the company's expansion to Chicago, Illinois a year later. Phifer Europe Srl Via Circonvallazione, 11 28060 COMIGNAGO Phone – +39-0322-598501 Fax – +39-0322-598504. Pfizer is a publicly-traded global pharmaceutical company headquartered in New York City. [58] In June, Pfizer announced it would acquire Array Biopharma for $10.6 billion boosting its oncology pipeline. [117], In 2020, Pfizer partnered again with BioNTech, to study and develop COVID-19 mRNA vaccine candidates. Pharmacia was created in April 2000 through the merger of Pharmacia & Upjohn with the Monsanto Company and its G.D. Searle unit. "Pfizer succeeded in producing large quantities of penicillin using deep-tank fermentation. Pfizer Inc. (/ ˈ f aɪ z ər /) is an American multinational pharmaceutical corporation headquartered in New York City.It is one of the world's largest pharmaceutical companies. Since 2007, Pfizer has spent $3.3 million on investigations and legal fees and recovered about $5.1 million, with another $5 million tied up in ongoing cases. [71] The deal was to constitute a reverse merger, whereby Allergan acquired Pfizer, with the new company then changing its name to "Pfizer, plc". Key historical generics include: Pfizer has long been known within the industry as one of the more aggressive marketers of their products. Asbestos victims and Pfizer have been negotiating a settlement deal that calls for Pfizer to pay $430 million to eighty percent of existing plaintiffs. A spokeswoman for Pfizer said the company "wanted to make sure our voice is heard in this conversation" in regards to the company's expenditure of $25 million in 2010 to lobby health care reform. In June 2010, the US Supreme Court rejected Pfizer's appeal against a ruling allowing lawsuits by the Nigerian families to proceed. Pharmaceutical Companies in Herndon on YP.com. The company’s current pipeline and trials include medicines and vaccines for multiple cancers and infections. [149] In 1993, the U.S. Food and Drug Administration (FDA) approved gabapentin (Neurontin, Pfizer) only for treatment of seizures. In 1960, the company moved its medical research laboratory operations out of New York City to a new facility in Groton, Connecticut. [37] The combined company was expected to save $4 billion annually through streamlining; however, as part of the deal, both companies must repatriate billions of dollars in revenue from foreign sources to the United States, which will result in higher tax costs. Its products include the blockbuster drug Lipitor (atorvastatin), used to lower LDL blood cholesterol; Zoloft (sertraline), an antidepressant; Lyrica (pregabalin) for neuropathic pain and fibromyalgia; Diflucan (fluconazole), an oral antifungal medication; Zithromax (azithromycin), an antibiotic; Viagra (sildenafil) for erectile dysfunction; Celebrex (also Celebra, celecoxib), an anti-inflammatory drug; Prevnar 13, a pneumococcal conjugate vaccine; and BNT162b2, a COVID-19 vaccine developed in conjunction with German company BioNTech.