Charles Pfizer and Charles Erhart founded Charles Pfizer & Company in 1849 in Brooklyn, New York. At the time, the company focused on producing fine chemicals. After its launch into the pharmaceutical sector, the company first produced santonin for the treatment of intestinal worms. The company later diversified its operations into production of disinfectants, painkillers, and preservatives. Charles Pfizer & Company Inc. was incorporated in New Jersey in 1900.
Presently, Pfizer is a huge multinational healthcare company focused on developing, manufacturing, and selling healthcare products. Specifically, the company produces medicines and vaccines targeting various therapeutic sectors. Other products under the Pfizer brand include dietary supplements, pain management products, gastrointestinal products, and products focused on personal care. The company works in close collaboration with industry greats like Merc & Co. Inc., and Bristol-Myers Squibb among others.
Pfizer operates from New York as its headquarters. The company’s shares trade on the New York Stock Exchange with PFE as its symbol. PFE is a constituent of DJIA, S&P 100, and S&P 500 components.