Question

Please write a short Essay on Pfizer Stock - PFE please include the following:

1. Include a brief overview of the PFE stock on the context and background of this stock.

2. Provide the industry factors for Pfizer (PFE) Stock

3. Describe a brief synopsis of industry factors that are currently present in the Pfizer (PFE) Stock

Answer 1

Pfizer is a multinational company involving into the business of Pharmaceuticals.

Its present CEO is Albert Bourla & headquartered at New York and the stock has been listed in NYSE New York Stock Exchange. It is the worlds second largest independent biotech company by market cap of around $260 billion as per wikipedia.org.

Pfizer - PFE is a research based pharmaceutical company.

Industry factors affecting such large multinational pharma companies which are currently present are as follows

1. Research & development expenses for drug innovation

2. Advertisement for selling those drugs

3. Doctors channel for prescribing those drugs only and forcing people to buy.

4. Trials and final approval of FDA Food & Drugs Associations providing approval for the drugs.

5. Representation of Board