Revenue from Pharmaceutical Drug Sales: $81.3 billion
Total Revenue: $81.3 billion
Percent of Revenue From Pharmaceutical Drug Sales: 100%
Estimated R&D Spend: $13.8 billion
Number of Employees: 78,500
Revenue Per Employee: $1,035,000
Pfizer is the world’s largest research-based pharmaceutical company. Its research headquarters are located in Groton, Connecticut, America. Pfizer has developed many medicines and vaccines like Sutent, Zithromax, apixaban, Macugen, Lyrica, latreperdine, etc. in the areas of oncology, infections and infestations, cardiology, ophthalmology, neurology and psychiatry. Its top-selling product is its Covid 19 vaccine, Comirnaty with sales skyrocketing to almost 37 billion USD in 2021 helping push Pfizer’s annual revenue from 41.7 billion in 2020 to over 81.3 billion in 2021. The company was founded in 1849 in New York City by cousins Charles Pfizer and Charles Erhart.
Ref: Pfizer Inc Annual Report 2021