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Pfizer Continues to Lead in Research and Development


Pfizer Inc., the world’s leading healthcare company, is driven by its dedication to the discovery and development of innovative medicines, and to making these available to patients all over the world. It has achieved breakthroughs in the treatment of a wide range of serious diseases that have long afflicted mankind, including heart disease, hypertension, cancer, bacterial and fungal infections, depression and erectile dysfunction.

All these medical breakthroughs that have made people healthier and live longer with better quality of life have been largely due to the substantial resources Pfizer has devoted to research and development.

Pfizer has been steadily increasing its investments in research and development over the past decades. Last year alone, Pfizer spent more than $7.1 billion for R & D. In fact, it is now considered the world’s largest privately-funded biomedical research organization, with research projects spanning 18 therapeutic areas- more than that of any other company.

Pfizer’s research and development covers virtually every aspect of pharmaceutical research, including that in the emerging field of genomics. The company maintains 8 major R&D facilities around the world, with over 12,500 scientists hard at work producing safe, effective and innovative medicines.

Pfizer has also formed partnerships with numerous pharmaceutical companies, universities, and other government and non-government organizations in order to further strengthen the company’s commitment to looking for new ways to treat diseases.

"Since Pfizer came to the Philippines in 1954, we have been making available to Filipinos the new medicines that have been the result of our global R&D efforts. Those medicines have helped make Filipinos live healthier and the quality of their lives better,” said Gerry Bacarro Pfizer’s president & country manager.

“As we celebrate our 50th anniversary in the Philippines this year, we renew our commitment to bringing those life-saving medicines to our countrymen just as fast as they are developed by our researchers and scientists and approved for use by health authorities,” he further stated.

“Among the medical treatments available, pharmaceuticals still offer the least intrusive and most cost-effective means to battle diseases. Filipinos can depend on research-based pharmaceutical companies like Pfizer to continue of its efforts in finding and perfecting medicines that will help lessen treatment costs, control symptoms and alleviate pain,” Bacarro added.

 

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