How did Pfizer, which started with loans in the 19th century, become the biggest pharma company in the 21st century?

Pfizer company’s medicines have done many miracles

The year was- 1849. German businessman Charles Pfizer And Charles Earhart wanted to open a pharmaceutical company in America. The idea of ​​producing some such medicine was coming in the mind of both of them, which was not being seen in many countries of Europe including America then.

In fact, Charles Pfizer and Charles Earhart wanted to make such fine chemicals in America which were not available there till then. Both believed that fine chemicals could have a big impact on the health of Americans. With this, they can become even more fit.

company started with debt

One day Charles Pfizer discussed with his father about his new idea and outline of the pharma business. Father assured help. Charles Pfizer bought a small building in New York with the amount of $ 2500 loan given to his father. Collect many tools. And together with his cousin Charles Earhart, laid the foundation of Charles Pfizer & Company.

During this period, many Americans used to be very troubled by stomach worms. Then it had only one medicine. This medicine was very bitter in taste. Because of this, neither the elderly nor the children liked this medicine. Charles Pfizer was well aware of this complaint of the people.

removed the bitterness of the medicine

First of all, he found a new way to remove this complaint of the people. Very cleverly, he mixed almond flavor in that medicine named Santanin, after which the taste of that medicine changed. Earlier people who used to avoid taking Santanin now started liking the new flavored medicine.

Being from Germany, Charles Pfizer was also in constant contact with European companies. Further, Charles Pfizer and Earhart did some more new experiments in the field of medicine. For example, the use of fruit juice in medicine. He developed wine-like liquids from fruit juices, which were well-liked from France, Italy to America.

made pain reliever

In the history of America, the period from 1861 to 1865 is called the history of the Civil War. Riots took place on a large scale. There were attacks on each other and a lot of damage was seen. During this a large number of people were injured. In such a situation, Pfizer and Earhart’s new experiment came in handy to heal their wounds and relieve pain.

Pfizer and Company developed many medicines during this period. In which apart from cream of tartar, iodine, morphine, chloroform camphor are included. The government itself bought them in large quantities for the injured soldiers. Further, these chemicals were also used in photo processing.

Contribution to cold drinks

In 1867, the American Institute honored the founders of Pfizer. In 1871, Pfizer’s turnover reached $1.4 million. In 1880, the company made citric acid from lemon and lime. Citric acid proved miraculous especially for cold drinks. Pfizer company came in a lot of profit.

Pfizer’s exploits continued in the field of Pharma. The Pfizer company once again came into the limelight during the Corona period. The world was moaning due to the Corona epidemic, then many companies helped people by making vaccines, among them the Pfizer company was also the most prominent.

miracle in corona times

Many vaccines came in the market during the Corona period, but Pfizer’s vaccine was said to be the most effective. Especially Pfizer played an important role in dealing with the Corona wave in America. Its vaccine was considered to be about 95 percent effective.

During the Corona period, Pfizer’s vaccine reached other countries including India. Pfizer is the world’s largest pharmaceutical company today. Its headquarters is in Manhattan. In the year 2020, it was ranked 64th in the list of Fortune 500.