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Gojo Industries, Inc. , is a privately held manufacturer of hand hygiene and skin care products founded in 1946, in Akron , Ohio , where it is again headquartered after a period in Cuyahoga Falls . One of its most well-known products is Purell , a hand sanitizer . It offers an electronic hand hygiene monitoring system for medical institutions.

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64-455: (Redirected from Gojo ) Gojō ( 五条 or 五條 ) literally means fifth street in Japanese. Names [ edit ] Gojo Industries , an American soap company Gojo Takeshi, a character in manga series Kodomo no Omocha Satoru Gojo , a character from the anime and manga series Jujutsu Kaisen Places [ edit ] Gojō, Nara ,

128-504: A joint venture owned 68% by GlaxoSmithKline and 32% by Pfizer, with plans to make it a public company . The transaction built on a 2018 transaction where GlaxoSmithKline acquired Novartis ' stake in the GSK-Novartis consumer healthcare joint business. The transaction followed negotiations with other companies including Reckitt Benckiser , Sanofi , Johnson & Johnson , and Procter & Gamble . In September 2019, Pfizer initiated

192-616: A $ 3,435,600 study with the CDC Foundation to research "screen-and-treat" strategies for cryptococcal disease in Botswana . In December 2016, Pfizer acquired AstraZeneca 's small-molecule antibiotics business for $ 1.575 billion. In January 2018, Pfizer announced that it would end its work on research into treatments for Alzheimer's disease and Parkinsonism (a symptom of Parkinson's disease and other conditions). The company said about 300 researchers would lose their jobs. In July 2018,

256-547: A cancer medication which was approved for human use by the FDA in January 2006. A related compound, SU11654 ( Toceranib ), was also approved for cancer in dogs , and the ALK inhibitor Crizotinib also grew out of a SUGEN program. In October 2006, the company announced it would acquire PowerMed. On October 15, 2009, Pfizer acquired Wyeth for $ 68   billion in cash and stock, including

320-541: A city in Japan Gojō Street , a street in Kyoto Train stations: Gojō Station (Kyoto) Gojō Station (Nara) v t e Numbered jō Ichijō Nijō Sanjō Shijō Gojō Rokujō Shichijō Hachijō Kujō Jūjō Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with

384-587: A complaint to the US Food and Drug Administration (FDA). Ventavia fired her later the same day. The European Medicines Agency (EMA) stated in a response to the European Parliament , that "the deficiencies identified do not jeopardize the quality and integrity of the data from the main Comirnaty trial and have no impact on the benefit-risk assessment or on the conclusions on the safety, effectiveness and quality of

448-554: A coordinated research strategy for prioritizing and speeding up development of COVID-19 vaccines and pharmaceutical products. Pfizer joined the partnership as an industry "leadership organization", and participated as a collaborator in ACTIV-led clinical trials. CEO Albert Bourla attended the GAVI COVAX AMC 2021 Investment Opportunity Launch Event, otherwise named One World Protected, on April 15, 2021. In Canada, Pfizer endorsed

512-409: A heavy-duty hand cleaner. They called it Gojo Hand Cleaner and sold it to rubber workers, who had sometimes used benzene and other noxious chemicals to clean their skin. After the war they began marketing to automotive service facilities. They quit their factory jobs and started Gojo. The company's first name and product was GoGo, Goldie's nickname, but another company had already used the name, so

576-402: A later date. On November 9, 2020, Pfizer announced that BioNTech's COVID-19 vaccine, tested on 43,500 people, was found to be 90% effective at preventing symptomatic COVID-19. The efficacy was updated to 95% a week later. Akiko Iwasaki, an immunologist interviewed by The New York Times , described the efficacy figure as "really a spectacular number." The announcement made Pfizer and BioNTech

640-567: A mobile application that connects to Gojo Smartlink web-based software and allows for the electronic collection and collation of hand hygiene and personal protective equipment (PPE) compliance metrics. On 1 January 2020, Carey Jaros became Gojo president and CEO . On April 30, 2024, after 10 years of disastrous management in Europe, Gojo Industries closes its establishments and asks to place Laboratoires Prodene Klint in receivership before imminent liquidation. Gojo operates worldwide, with offices in

704-447: A prescription anti-inflammatory medication that became Pfizer's first product to reach $ 1   billion in revenue. In 1965, John Powers, Jr. became chief executive officer of the company, succeeding John McKeen. As the area surrounding its Brooklyn, NY plant fell into decline in the 1970s and 1980s, the company formed a public-private partnership with New York City that encompassed the construction of low- and middle-income housing,

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768-406: A result. These skills were applied to the deep-submergence mass production of penicillin , an antibiotic , during World War II in response to the need to treat injured Allied soldiers. The company also embarked on a global soil collection program related to improving production yields of penicillin which ultimately resulted in 135,000 samples. On June 2, 1942, the company incorporated under

832-433: A shortage of calcium citrate . Pfizer imported the compound from Italy for the manufacture of citric acid, and due to the disruption in supply, the company began a search for an alternative. They found this in the form of a fungus capable of fermenting sugar to citric acid. By 1919, the company was able to commercialize production of citric acid from this source. The company developed expertise in fermentation technology as

896-424: A spokesperson for the drug. The patents for Viagra expired in 2020. In 1991, William C. Steere, Jr. became chief executive officers of the company, succeeding Edmund T. Pratt Jr. In 1991 Pfizer also began marketing Zoloft ( sertraline ), an antidepressant of the selective serotonin reuptake inhibitor (SSRI) class developed nine years earlier by Pfizer chemists Kenneth Koe and Willard Welch. Sertraline

960-619: A study with the CDC Foundation to investigate the tracking of healthcare-associated infections , scheduled to run through to June 2023. In December 2019, Pfizer awarded the CDC Foundation a further $ 1,948,482 to continue its cryptococcal disease screening and treatment research in nine African countries. In March 2020, Pfizer joined the COVID-19 Therapeutics Accelerator funding vehicle to expedite development of treatments against COVID-19 . The $ 125 million initiative

1024-804: Is a 213,000 sq ft (19,788 m ) building at One Gojo Plaza on South Main Street in Akron, Ohio . The company bought the property from the City of Akron for $ 1 in 2000 as part of a deal to bring its headquarters to downtown Akron from Cuyahoga Falls. Originally the headquarters of Goodrich Corporation and then Michelin Americas Small Tires , the building now holds about 600 Gojo employees. Pfizer 40°45′01″N 73°58′21″W  /  40.75028°N 73.97250°W  / 40.75028; -73.97250 Pfizer Inc. ( / ˈ f aɪ z ər / FY -zər )

1088-626: Is an American multinational pharmaceutical and biotechnology corporation headquartered at The Spiral in Manhattan, New York City . The company was established in 1849, in New York by two German entrepreneurs, Charles Pfizer (1824–1906) and his cousin Charles F. Erhart (1821–1891). Pfizer develops and produces medicines and vaccines for immunology , oncology , cardiology , endocrinology , and neurology . The company's largest products by sales are

1152-479: Is primarily prescribed for major depressive disorder in adult outpatients as well as obsessive-compulsive disorder , panic disorder , and social anxiety disorder in both adults and children. In 2005, the year before it became a generic drug, sales were over $ 3   billion and over 100   million people had been treated with the drug. The patent for Zoloft expired in the summer of 2006. In 1996, Eisai , in partnership with Pfizer, received approval from

1216-516: The Delaware General Corporation Law . Due to price declines for penicillin , Pfizer searched for new antibiotics with greater profit potential. Pfizer discovered oxytetracycline in 1950, and this changed the company from a manufacturer of fine chemicals to a research-based pharmaceutical company. Pfizer developed a drug discovery program focused on in vitro synthesis to augment its research in fermentation technology. In 1959,

1280-651: The FDA . The company began Phase   II-III testing on 30,000 people in the last week of July 2020 and was slated to be paid $ 1.95   billion for 100   million doses of the vaccine by the US government. In September 2020, Pfizer and BioNTech announced that they had completed talks with the European Commission to provide an initial 200   million vaccine doses to the EU, with the option to supply another 100   million doses at

1344-522: The Food and Drug Administration approved enzalutamide , developed by Pfizer and Astellas Pharma for patients with castration -resistant prostate cancer . In August 2018, Pfizer signed an agreement with BioNTech to conduct joint research and development activities regarding mRNA -based influenza vaccines . In October 2018, effective January 1, 2019, Albert Bourla was promoted to chief executive officer , succeeding Ian Read , his mentor. In July 2019,

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1408-446: The Food and Drug Administration for donepezil under the brand Aricept for treatment of Alzheimer's disease ; Pfizer also received approval for Norvasc ( amlodipine ), an antihypertensive drug of the dihydropyridine calcium channel blocker class. In 1997, the company entered into a co-marketing agreement with Warner–Lambert for Lipitor ( atorvastatin ), a statin for the treatment of hypercholesterolemia . Although atorvastatin

1472-474: The Food and Drug Administration for palbociclib (Ibrance) for treatment of certain types of breast cancer . In March 2015, the company announced it would restart its collaboration with Eli Lilly and Company surrounding the Phase III trial of Tanezumab . In May 2015, Pfizer and a Bar-Ilan University laboratory announced a partnership based on the development of medical DNA nanotechnology . In June 2015,

1536-531: The Pfizer–BioNTech COVID-19 vaccine ($ 11 billion in 2023 revenues), apixaban ($ 6 billion in 2023 revenues), a pneumococcal conjugate vaccine ($ 6 billion in 2023 revenues), palbociclib ($ 4 billion in 2023 revenues), and tafamidis ($ 3 billion in 2023 revenues). In 2023, 46% of the company's revenues came from the United States, 6% came from Japan, and 48% came from other countries. As of 2024,

1600-507: The pain and inflammation in osteoarthritis , acute pain in adults, rheumatoid arthritis , ankylosing spondylitis , painful menstruation , and juvenile rheumatoid arthritis . SUGEN , a company focused on protein kinase inhibitors, had pioneered the use of ATP-mimetic small molecules to block signal transduction . The SUGEN facility was shut down in 2003 by Pfizer, with the loss of more than 300 jobs, and several programs were transferred to Pfizer. These included sunitinib (Sutent),

1664-425: The FDA approved bosutinib (Bosulif) for chronic myelogenous leukemia (CML), a rare type of leukemia and a blood and bone marrow disease that affects primarily older adults. In November 2012, Pfizer received approval from the Food and Drug Administration for Xeljanz, a tofacitinib , for rheumatoid arthritis and ulcerative colitis . The drug had sales of $ 1.77   billion in 2018, and in January 2019, it

1728-521: The Pfizer CEO Albert Bourla confirmed that the trial results of a fourth dose were pending until March 2022. He said that the firm was setting up a collaboration to develop an anti-COVID pill treatment along with a French company, Novasep . He also said the COVID vaccine was "safe and efficient" for children. In May 2022, reports emerged of patients experiencing "rebound" symptoms after completing

1792-647: The United Kingdom, France, Australia, Japan, and Brazil. It has factories in Ohio and across North America, as well as in Latin America, South America, Europe, and Asia. Gojo's main manufacturing and distribution facilities are at its Lippman Campus in Cuyahoga Falls, Ohio . Gojo is a private, family-owned company. In 1946, Gojo was founded by Jerome "Jerry" Lippman and Goldie Lippman. Today, Marcella Kanfer Rolnick Chairs

1856-533: The Ventavia Research Group. Ventavia was hired by Pfizer as a research subcontractor. A regional director (whistleblower) who was employed at Ventavia Research Group has told The BMJ that the company falsified data, unblinded patients, employed inadequately trained vaccinators, and was slow to follow up on adverse events reported in Pfizer's pivotal phase III trial . The regional director, Brook Jackson, emailed

1920-451: The assumption of debt, making Pfizer the largest pharmaceutical company in the world. The acquisition of Wyeth provided Pfizer with a pneumococcal conjugate vaccine , trademarked Prevnar 13 ; this is used for the prevention of invasive pneumococcal infections. The introduction of the original, 7-valent version of the vaccine, developed by Wyeth in February 2000, led to a 75% reduction in

1984-919: The combination of torcetrapib and Lipitor (82 deaths during the study) was 60% higher than those taking Lipitor alone (52 deaths during the study). Lipitor alone was not implicated in the results, but Pfizer lost nearly $ 1   billion developing the failed drug and its stock price dropped 11% on the day of the announcement. Between 2007 and 2010, Pfizer spent $ 3.3   million on investigations and legal fees and recovered about $ 5.1   million, and had another $ 5   million of pending recoveries from civil lawsuits against makers of counterfeit prescription drugs. Pfizer has hired customs and narcotics experts worldwide to track down fakes and assemble evidence that can be used to pursue civil suits for trademark infringement . In July 2008, Pfizer announced 275 job cuts at its manufacturing facility in Portage, Michigan . Portage

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2048-449: The company acquired Innopharma for $ 225   million, plus up to $ 135   million in milestone payments, in a deal that expanded Pfizer's range of generic and injectable drugs. On January 5, 2015, the company announced it would acquire a controlling interest in Redvax, expanding its vaccine portfolio targeting human cytomegalovirus . In February 2015, the company received approval from

2112-415: The company acquired Nimenrix and Mencevax, meningococcal vaccines , from GlaxoSmithKline for around $ 130   million. In September 2015, Pfizer acquired Hospira for $ 17   billion, including the assumption of debt. Hospira was the largest producer of generic injectable pharmaceuticals in the world. On November 23, 2015, Pfizer and Allergan announced a planned $ 160   billion merger, in

2176-486: The company acquired Therachon for up to $ 810   million, expanding its rare disease portfolio through Therachon's recombinant human fibroblast growth factor receptor 3 compound, aimed at treating conditions such as achondroplasia . Also in July, Pfizer acquired Array Biopharma for $ 10.6   billion, boosting its oncology pipeline. In August 2019, Pfizer merged its consumer health business with that of GlaxoSmithKline, into

2240-604: The company established an animal health division with a 700-acre (2.8 km ) farm and research facility in Terre Haute, Indiana . By the 1950s, Pfizer had established offices in Belgium, Brazil, Canada, Cuba, Mexico, Panama, Puerto Rico, and the United Kingdom. In 1960, the company moved its medical research laboratory operations out of New York City to a new facility in Groton, Connecticut. In 1980, Pfizer launched Feldene ( piroxicam ),

2304-514: The company had not evaluated their COVID-19 vaccine for its ability to reduce transmission of the SARS-CoV-2 virus prior to its release to the general public. Dutch MEP Rob Roos described the admission as "scandalous". CEO Albert Bourla was slated to attend, but withdrew. Roos' statements in turn have been described as "misleading". In November 2021, Pfizer launched a new COVID-19 oral antivirus treatment known as Paxlovid . In January 2022,

2368-461: The company made a $ 40   million bid for the assets of BIND Therapeutics, which was in bankruptcy . The same month, the company acquired Bamboo Therapeutics for $ 645   million, expanding its gene therapy offerings. In September 2016, the company acquired cancer drug-maker Medivation for $ 14   billion. In October 2016, the company licensed the anti- CTLA4 monoclonal antibody, ONC-392, from OncoImmune. In November 2016, Pfizer funded

2432-1006: The company of her great uncle and aunt. Carey Jaros has been President and CEO since 2020. Marcella Kanfer Rolnick also runs The Lippman Kanfer Family Foundation focused on Jewish philanthropy and its sister organization Lippman Kanfer Foundation for Living Torah, along with other family members. Gojo manufactures and markets skin health and hygiene solutions for away-from-home settings. Its products include hand soaps and sanitizers, moisturizers, shower washes, shampoos, foam hand washes, surgical scrubs, perineal care products, skin conditioners, chemical removing hand cleaners, hand protection products, and dispensers. Gojo's products are usually found in public facilities. For many of these facilities, such as manufacturing and hospitals, Gojo makes placement guides recommending consumers place various Gojo product brands in strategic locations. Gojo's most popular products are its industrial hand soaps and sanitizers, as well as its Provon and Purell brands. Gojo's main office

2496-516: The company ranks 69th on the Fortune 500 . Pfizer was founded in 1849 as "Charles Pfizer & Company" by Charles Pfizer and Charles F. Erhart , two cousins who had immigrated to the United States from Ludwigsburg, Germany . The business produced chemical compounds, and was headquartered on Bartlett Street in Williamsburgh, New York where they produced an antiparasitic called santonin . This

2560-399: The company received approval for Lyrica ( pregabalin ), an anticonvulsant and anxiolytic medication used to treat epilepsy , neuropathic pain , fibromyalgia , restless leg syndrome , and generalized anxiety disorder . The United States patent on Lyrica was challenged by generic manufacturers and was upheld in 2014, extending the expiration date to 2018. In July 2006, Jeff Kindler

2624-453: The countries put sovereign assets as collateral for payments. According to TBIJ, these negotiation tactics resulted in a months long delay in Pfizer reaching a vaccine agreement with one country and a complete failure to reach agreements with two other countries, including Argentina and Brazil. In November 2021, TBMJ published an article after obtaining information from a whistleblower from

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2688-558: The first companies to develop and test a working vaccine for COVID-19. Over the following month and a half, regulators in various countries approved Pfizer's vaccine for emergency use. In February 2021, after a year long investigation relying on unnamed officials, Pfizer was accused by The Bureau of Investigative Journalism (TBIJ) of employing "high-level bullying" against at least two Latin American countries during negotiations to acquire COVID-19 vaccines, including requesting that

2752-416: The founders came up with Gojo, with the "G" standing for Goldie and the "J" standing for Jerry. In 1950, Gojo invented a liquid soap dispenser after realizing that users were using much more than was needed to clean their hands, causing buyers to think the product was too expensive. Jerry Lipmann filed a patent for this portion-limiting dispenser in 1952. The original product was meant to clean, not sanitize

2816-508: The incidence of invasive pneumococcal infections among children under age   5 in the United States. Pfizer introduced an improved version of the vaccine in 2010, for which it was granted a patent in India in 2017. Prevnar 13 provides coverage of 13 bacterial variants, expanding beyond the original 7-valent version. By 2012, the rate of invasive infections among children under age   5 had been reduced by an additional 50%. In 2010, Ian Read

2880-549: The largest pharmaceutical deal ever and the third largest corporate merger in history. The proposed transaction contemplated that the merged company maintain Allergan's Republic of Ireland domicile, resulting in the new company being subject to corporation tax at the relatively low rate of 12.5%. The deal was to constitute a reverse merger , whereby Allergan acquired Pfizer, with the new company then changing its name to "Pfizer, plc". On April 6, 2016, Pfizer and Allergan terminated

2944-627: The merger agreement after the Obama administration and the United States Department of the Treasury introduced new laws intended to limit corporate inversions (the extent to which companies could move their headquarters overseas in order to reduce the amount of taxes they pay). In June 2016, the company acquired Anacor Pharmaceuticals for $ 5.2   billion, expanding its portfolio in both inflammation and immunology drugs areas. In August 2016,

3008-434: The now-demolished 295 Washington Avenue) and Erhart (at 280 Washington Avenue) established their main residences in the nearby Clinton Hill district, known for its concentration of Gilded Age wealth. In 1881, Pfizer moved its administrative headquarters to 81 Maiden Lane in Manhattan , presaging the company's expansion to Chicago, Illinois a year later. By 1906 sales exceeded $ 3   million. World War I caused

3072-516: The refurbishment of apartment buildings for the homeless and the establishment of a charter school . In 1972, Edmund T. Pratt Jr. became chief executive officer of the company, succeeding John Powers, Jr. In 1981, the company received approval for Diflucan ( fluconazole ), the first oral treatment for severe fungal infections including candidiasis , blastomycosis , coccidiodomycosis , cryptococcosis , histoplasmosis , dermatophytosis , and pityriasis versicolor . In 1986, Pfizer acquired

3136-866: The skin. In 1988, the company developed the Purell product to disinfect hands. In 2004, Gojo sold Pfizer the exclusive rights to distribute Purell in the consumer market, while Gojo Industries retained the rights to existing industrial markets. In 2006, Pfizer sold its Consumer Healthcare division, and hence the rights to Purell, to Johnson & Johnson . In 2010, Gojo bought the brand back from Johnson & Johnson. In February 2014, Gojo Industries acquired privately held Laboratoires Prodene Klint of Croissy-Beaubourg , France. The acquisition allows both companies greater geographic footprint and increased manufacturing operations. Prodene Klint manufactures professional hygiene, cosmetics and disinfectant products. On June 6, 2015, Gojo launched its Gojo Smartlink Observation System,

3200-436: The time, the second-largest pharmaceutical company worldwide. In 2003, Pfizer merged with Pharmacia , and in the process acquired Searle and SUGEN . Searle had developed Flagyl ( metronidazole ), a nitroimidazole antibiotic medication used particularly for anaerobic bacteria and protozoa . Searle also developed celecoxib (Celebrex) a COX-2 inhibitor and nonsteroidal anti-inflammatory drug (NSAID) used to treat

3264-495: The title Gojō . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Gojō&oldid=1256434623 " Category : Disambiguation pages Hidden categories: Articles containing Japanese-language text Short description is different from Wikidata All article disambiguation pages All disambiguation pages Gojo Industries Gojo

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3328-899: The use of a vaccine passport mobile app developed by CANImmunize in order to record and track status of COVID-19 vaccination. As the scale of the COVID-19 pandemic became apparent, Pfizer partnered with BioNTech to study and develop COVID-19 mRNA vaccine candidates. Unlike many of its competitors, Pfizer took no initial research funds from the United States' Operation Warp Speed vaccine development program, instead choosing to invest roughly $ 2 billion of its own funds. Pfizer CEO Albert Bourla has said that he declined money from Operation Warp Speed to avoid government intervention, stating later that "when you get money from someone that always comes with strings. They want to see how we are going to progress, what type of moves you are going to do. They want reports. And also, I wanted to keep Pfizer out of politics, by

3392-470: The vaccine". Science-Based Medicine emphasized that Ventavia oversaw just three of the 153 clinical sites involved with Pfizer's trial and "a small fraction (~1,000 by the time the whistleblower was fired) of the trial's over ~44,000 subjects." On 10 October 2022, during a session of the European Parliament 's Special Committee on the COVID-19 Pandemic, Pfizer executive Janine Small testified that

3456-417: The way." In May 2020, Pfizer began testing four different COVID-19 vaccine variations using lipid nanoparticle technology provided by Canadian biotechnology company Acuitas Therapeutics . Vaccines were injected into the first human participants in the U.S. in early May. In July 2020, Pfizer and BioNTech announced that two of the partners' four mRNA vaccine candidates had won fast track designation from

3520-505: The worldwide rights to Zithromax ( azithromycin ), a macrolide antibiotic that is recommended by the Infectious Disease Society of America as a first line treatment for certain cases of community-acquired pneumonia, from Pliva . In 1989, Pfizer scientists Peter Dunn and Albert Wood created Viagra ( sildenafil ) for treating high blood pressure and angina , a chest pain associated with coronary artery disease . In 1991, it

3584-618: Was an immediate success, although it was production of citric acid that led to Pfizer's growth in the 1880s. Pfizer continued to buy property in the area (by now the Williamsburg district of the city of Brooklyn, New York and beginning in 1898, the City of Greater New York ) to expand its lab and factory, retaining offices on Flushing Avenue until the 1960s; the Brooklyn plant ultimately closed in 2009. Following their success with citric acid, Pfizer (at

3648-711: Was founded in Akron , Ohio , by Jerry and Goldie Lippman. During World War II , Goldie worked at the Miller Tire Co. rubber factory and Jerry at the Goodyear Aircraft plant. Like other employees there, both often came home with sticky, difficult-to-remove graphite , tar , and carbon on their hands and clothes. They disliked the products the cleaners used to clean their clothes, so they set out to find an effective cleaning product that could be used without water. Goldie and Jerry worked with Professor Clarence Cook of Kent State University 's chemistry department to formulate

3712-711: Was launched by the Bill & Melinda Gates Foundation in partnership with Mastercard and Wellcome Trust , with additional funding announced shortly after from Chan Zuckerberg Initiative , UK Foreign, Commonwealth and Development Office and Madonna . The following month, the Foundation for the National Institutes of Health announced the Accelerating COVID-19 Therapeutic Interventions and Vaccines (ACTIV) public-private partnership to develop

3776-434: Was named chief executive officer of the company, replacing Henry McKinnell . On December 3, 2006, Pfizer ceased development of torcetrapib , a drug that increases production of HDL , which reduces LDL thought to be correlated to heart disease. During a Phase III clinical trial involving 15,000 patients, more deaths than expected occurred in the group that took the medicine, and the mortality rate of patients taking

3840-514: Was named chief executive officer of the company. In February 2011, Pfizer announced the closure of its UK research and development facility (formerly also a manufacturing plant) in Sandwich, Kent , which at the time employed 2,400 people. In March 2011, Pfizer acquired King Pharmaceuticals for $ 3.6   billion in cash. King produced emergency injectables such as the EpiPen . On September 4, 2012,

3904-466: Was patented in the United Kingdom as a heart medication. Early trials for the medication showed that it did not work for the treatment of heart disease, but volunteers in the clinical trials had increased erections several days after taking the drug. It was patented in the United States in 1996 and received approval by the Food and Drug Administration in March 1998. In December 1998, Pfizer hired Bob Dole as

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3968-592: Was previously the world headquarters of Upjohn Company , which had been acquired as part of Pharmacia. In June 2000, Pfizer acquired Warner-Lambert outright for $ 116   billion. To satisfy conditions imposed by antitrust regulators at the Federal Trade Commission , Pfizer sold off or transferred stakes in several minor products, including RID (a shampoo for treatment of head lice , sold to Bayer ) and Warner-Lambert's antidepressant Celexa (which competes with Zoloft). The acquisition created what was, at

4032-537: Was the fifth statin to be developed, clinical trials showed that atorvastatin caused a more dramatic reduction in low-density lipoprotein pattern C (LDL-C) than the other statin drugs. Upon its patent expiration in 2011, Lipitor was the best-selling drug ever, with approximately $ 125   billion in sales over 14.5 years. In 2001, Henry McKinnell became chief executive officer of the company, replacing William C. Steere, Jr. In 2002, The Bill & Melinda Gates Foundation purchased stock in Pfizer. In 2004,

4096-527: Was the top drug in the United States for direct-to-consumer advertising , passing adalimumab (Humira). On February 1, 2013, Zoetis , the Agriculture Division of Pfizer and later Pfizer Animal Health, became a public company via an initial public offering , raising $ 2.2   billion. Later in 2013, Pfizer completed the corporate spin-off of its remaining stake in Zoetis . In September 2014,

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