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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 &...
(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
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
Merck Novartis Merck and Novartis Financial Statements 2012 Balance Sheet • What components of stockholders' equity do each of the companies disclose? Merck & Co. provides a consolidated statement of stockholders equity on their balance sheet. They disclose the number of shares, share types, retained earnings, and some historical data (Merck & Co., 2013). Novartis provides a much more thorough and detailed report of their shareholders equity in their annual report. Not only do they
Corporations have many stakeholders, of which the shareholders are just one group. There are also, for example, creditors, employees, suppliers and customers. In the case of pharmaceutical giants, society at large is also a stakeholder of a sort. The products a company like Merck develops improve the health and well-being of the population at large. Government can be said to be the stakeholder that represents this interest. In the case of
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