Pfizer SWOT Pfizer -- a SWOT

Excerpt from SWOT :



Opportunities

According to the Pfizer press release section of its website, discomfort associated with fibromyaglia, a common chronic pain condition, has been shown to be significantly reduced by a new drug developed by Pfizer called Lyrica, "according to study results presented today at the American Academy of Neurology annual meeting" ("Lyrica Significantly Reduced Pain," 2007, Press Release). Pfizer has also developed a new AIDS drug called Maraviroc, which is likely to considerably improve and extend the life of AIDS patients who take the drug, according to researchers at the University of Pittsburg and Columbia University (Altman & Pollock, 2007).

Threats

Both Merck and Schering-Plough, two of Pfizer's greatest rivals, plan to combine forces and develop a medicine to rival Lipitor. "The planned drug, meant to reduce levels of the harmful type of cholesterol in two ways, could hit the market when Lipitor's patent expires in a few years" ("Merck and Schering-Plough Plan Another Cholesterol Drug," 2007, AP Wire) Merck also plans to develop an AIDS-fighting drug called Raltegravir, similar to Pfizer's new AIDS drug.(Altman & Pollock, 2007)

Works Cited

Altman, Lawrence & Andrew Pollock. (28 Feb 2007). "2 New Drugs Offer Options in H.I.V. Fight." The New York Times. Retrieved 16 May 2007 at http://www.nytimes.com/2007/02/28/health/28hiv.html?ei=5070&en=c009b27fab6d02ae&ex=1179460800&pagewanted=print

Berenson, Alex. (10 Apr 2007). "Pfizer Drug for Diabetes Is Lagging." The New York

Times. Retrieved 16 May 2007 at http://www.nytimes.com/2007/04/10/business/10drug.html?ei=5070&en=24b0845a8ddbc0d1&ex=1179460800&adxnnl=1&adxnnlx=1179352594-6dgJ3Hydh0yYFcYeNY+5Fg&pagewanted=print

Lyrica Significantly Reduced Pain and Helped Patients Manage the Symptoms of Fibromyalgia, Data Show. (1 May 2007). Pfizer Press Release. Retrieved 16 May 2007 at http://www.pfizer.com

Merck and Schering-Plough Plan Another Cholesterol Drug." (27 Mar 2007) AP Wire. Retrieved 16 May 2007 at http://www.nytimes.com/2007/03/27/business/27drugs.html?ei=5070&en=1d60e4ad92f446ae&ex=1179460800&pagewanted=print

Pfizer.com. (2007). Official Website. Retrieved 16 May 2007 at http://www.pfizer.com/pfizer/main.jsp

Sources Used in Document:

Works Cited

Altman, Lawrence & Andrew Pollock. (28 Feb 2007). "2 New Drugs Offer Options in H.I.V. Fight." The New York Times. Retrieved 16 May 2007 at http://www.nytimes.com/2007/02/28/health/28hiv.html?ei=5070&en=c009b27fab6d02ae&ex=1179460800&pagewanted=print

Berenson, Alex. (10 Apr 2007). "Pfizer Drug for Diabetes Is Lagging." The New York

Times. Retrieved 16 May 2007 at http://www.nytimes.com/2007/04/10/business/10drug.html?ei=5070&en=24b0845a8ddbc0d1&ex=1179460800&adxnnl=1&adxnnlx=1179352594-6dgJ3Hydh0yYFcYeNY+5Fg&pagewanted=print

Lyrica Significantly Reduced Pain and Helped Patients Manage the Symptoms of Fibromyalgia, Data Show. (1 May 2007). Pfizer Press Release. Retrieved 16 May 2007 at http://www.pfizer.com

Cite This SWOT:

"Pfizer SWOT Pfizer -- A" (2007, May 16) Retrieved April 8, 2020, from
https://www.paperdue.com/essay/pfizer-swot-pfizer-a-37676

"Pfizer SWOT Pfizer -- A" 16 May 2007. Web.8 April. 2020. <
https://www.paperdue.com/essay/pfizer-swot-pfizer-a-37676>

"Pfizer SWOT Pfizer -- A", 16 May 2007, Accessed.8 April. 2020,
https://www.paperdue.com/essay/pfizer-swot-pfizer-a-37676