Pfizer's Acquisition of Wyeth
Case Code: BSTR342 Case Length: 19 Pages Period: 2008-2009 Pub Date: 2009 Teaching Note: Not Available |
Price: Rs.300 Organization: Pfizer, Wyeth Industry: Pharmaceuticals Countries: US Themes: Mergers and Acquisitions |
Abstract Case Intro 1 Case Intro 2 Excerpts
Background Note
PFIZER
Pfizer's roots date back to 1849 when German-American cousins Charles Pfizer and Charles Erhardt founded Charles Pfizer and Company (CPC), a fine chemicals business, in Williamsburg, Brooklyn. Production of citric acid contributed to CPC's growth through the 1880s...
WYETH
Wyeth was founded in 1860 by John Wyeth (John) and his brother Frank Wyeth when they opened a retail drugstore, John Wyeth & Brother (JWB), with a research lab in Philadelphia, US. In 1862, they started manufacturing large quantities of medicines commonly ordered by doctors...
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