Our Business, Our Purpose Quick read
Information about Pfizer’s 2017 achievements in Access to Medicines, Top Ten Medicines and Vaccines, Colleagues, Progress on Our 2020 Environmental Sustainability Goals and information about our Performance and Financial Guidance.
Understanding the External Environment
At Pfizer, we are committed to responding to key market trends in the external environment such as addressing changing patient demographics, political uncertainty, patient empowerment, pricing, access, innovation and data, competition from generics, trust and expectations and antimicrobial resistance.
Sustainable Development Goals
In September 2015, the United Nations (UN) officially introduced its Sustainable Development Goals (SDGs) to transform our world and “leave no one behind” by 2030. The goals were adopted by 193 nations, and the UN has called for broad-based support of the SDGs, including active involvement by the private sector. Pfizer supports the SDGs and works to align its scientific focus and corporate objectives to improve global public health impact and sustainable development. Achieving good health and well-being is integral to all 17 of the goals, and is specifically addressed in Goal 3, which states that every person deserves access to quality health care.
Delivering Value through our Business
Science has the power to positively impact global health through the introduction of breakthrough medicines, the collaborative effort to eliminate disease, the application of technology to disease management and the implementation of innovative access strategies. Pfizer is focused on harnessing the full power of science to develop a comprehensive portfolio of medicines and vaccines that transform the lives of patients around the world. This purpose drives our desire to provide access to medicines for patients that are safe, effective and affordable. Through our Pfizer Essential Health (PEH) and Pfizer Innovative Health (PIH) businesses, we believe we are well positioned to deliver on this purpose while also driving value for our shareholders. With each business focusing on global but specific areas of medicine and related-services, our unique structure allows us to be more responsive and flexible to best meet the evolving needs of the patients we serve.
Pfizer Essential Health
Pfizer Essential Health (PEH) medicines reach more than 300 million patients a year at virtually every stage of life. The depth and breadth of our portfolio of trusted medicines and capabilities delivers value to patients throughout the world. Whether it’s using new technology and our deep experience to increase access to an essential medicine, or combating an emerging health risk, our ability to innovate and anticipate customer and patient needs allows us to make meaningful and inspired contributions to improving global health.
Pfizer Innovative Health
At Pfizer Innovative Health (PIH), putting the patient first defines how we organize ourselves and evaluate performance across our six business groups – Consumer Healthcare, Inflammation & Immunology, Internal Medicine (cardiovascular and metabolic diseases and pain), Oncology, Rare Disease and Vaccines – and, most of all, it keeps us committed to creating a healthier world.
Manufacturing & Supply Chain Excellence
At Pfizer, our purpose is to bring innovative medicines to patients. To meet that commitment, we take a rigorous scientific approach to our global manufacturing and supply network. With approximately 60 manufacturing sites around the world under Pfizer Global Supply (PGS), we harness data to inform our decisions and processes, creating a highly efficient manufacturing and supply network that continually optimizes the way we deliver medicines to our patients. In 2017, we continued to strive to set the industry standard for quality, safety and value in the development and manufacturing of our medicines.
At Pfizer, we believe our internal culture is as essential to our purpose as our external reputation – and that the two are inextricably linked. With that in mind, our OWNIT! culture empowers all colleagues to “act like an owner.” We expect every colleague to take personal responsibility for their careers and be accountable for their work in order to make a positive impact on the business.
Pfizer is committed to helping patients live the healthiest and fullest lives possible. This is driven by our rigorous approach to working with our partners as we continually evaluate community health needs and find integrated, long-term solutions that best serve patients. Our deep partnerships with community organizations, non-governmental organizations (NGOs), global health bodies, industry peers and others, inform our understanding of the unique needs of communities and are the foundation upon which we can develop programs that yield meaningful improvements in global health.
Access to Medicines
The science of providing access to patients who need life-saving treatments is often complicated and requires collaboration and partnership. At Pfizer, we leverage our size and scale to create a strong infrastructure for supporting global public health efforts. We take a holistic look at the world’s most pressing challenges and make strategic decisions about where Pfizer is best positioned to not only impact patients today, but also in the future. We discover, develop and bring to market life-saving medicines and vaccines that help improve people’s lives while helping to ensure that individuals get and maintain uninterrupted access to our products.
Board of Directors
Biographies of the members of Pfizer’s Board of Directors.
Executive Leadership Team
Biographies of the members of Pfizer’s Executive Leadership Team.