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Wyeth Pharmaceuticals Company
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Excerpt from Term Paper:
Wyeth Pharmaceuticals Company
.... multiple sclerosis, HIV and schizophrenia. Besides, our company holds the unique distinction of being the only major company examining three technical platforms for Alzheimers disease therapeutics viz small molecules, biotechnology proteins and vaccines. As you are aware Sir, our company has adopted enhanced R & D productivity model during 2001. From that time, we have advanced 75 new molecular entities from discovery research into development inclusive of 15 in 2006 only. We have booked over 60 investigational new drug applications, inclusive of 12 in 2006, and also filed four leading New Drug Applications in 2006. (Wyeth Rated Best in Pharmaceutical industry on the Wall Street Journal Patent Scorecard)
Financial outcomes:
On a year to year basis all our performance indicators have risen. the details of which is stated in Financial Highlights in Exhibit I. The financial data for the last four years i.e. from 2003 to 2006 has been shown in Exhibit II. There has been a rising investment by our company in the sphere of R&D. For the year 2003 the investment was $2.09 billion which rose to $2.46 billion during 2004. The year 2005 saw the investment rise to $2.75 billion and for the year 2006 is
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