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Pfizer - Essay Example

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During the period of 1999 Pfizer has introduced its new discovery of a research centre which is named as the Discovery Technology Centre and this institution is located in the region of Cambridge, Massachusetts ( (a), 2014). With this new institution the company aims…
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Download file to see previous pages The company is in a continuous process of investing in the area of healthcare in order to advance the health and wellbeing of the members of the society. In order to meet its mission of advancing health and wellbeing, during the period of 2000 the company opened one of the largest structures throughout the globe and this structure is devoted towards making discovery of new and improved drugs that will be assistive in advancing the health and wellbeing of both animals as well as human beings. This structure is located in the region of Groton, Connecticut where the organization is already operating a highly efficient research comp. With the introduction of this building the company has become one of the first drug development companies to invest more than $4 billion and aims and continuing to increase its investments to develop better products (, 2014).
Pfizer’s main aim and objective throughout the course of its existence has been to be involved in the process of continuous improvement in order to develop various therapies that can be helpful in improving the health of patients throughout the world. The company believes that it can only achieve its objectives if it is continuously involved in the process of research and development. They believe that with the help of research and development, the company can identify and then transform up-to-date technological and scientific advancements into remedies that can be of immense importance to patients suffering throughout the world.
The president of the company, Mikael Dolsten, who is the president of the company’s Worldwide Research and Development area, believes that the company has experienced a novel situation in the area of innovating biomedicine (Dolsten, 2014). It has been almost over a period of ten years since the human genome experimentation and decoding started taking place and now the ...Download file to see next pagesRead More
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