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Pfizer in 2005 |
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Excerpts Contd...AcquisitionsGrowing ConcernsAs 2005 got underway, Pfizer faced some major concerns. The sales of some its blockbuster (any drug with sales of $1 billion or more) drugs such as Viagra and Lipitor were decreasing. Competition from other drug makers was increasing, while patent expiration of important drugs loomed large on the horizon... The Road AheadA combination of strategies had helped Pfizer climb to the top of the pack in the global pharmaceutical market. Pfizer had acquired leading competitors, developed blockbuster products and taken advantage of favorable regulations, often after lobbying for them... ExhibitsExhibit 1: Pfizer - Key Products
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