A few of Pfizer’s competitors are are as follows: Sanofi, Baxter International Inc., Biogen Sciences, Inc., Mylan Inc., Actavis, Inc., Sunovion Pharmaceuticals Inc., Cambrex Corporation, Allergan, Inc., Forest Laboratories, LLC, Eli Lilly & Company, and Hospira Inc. (www.lexiusnexus.com). Interestingly enough, Pfizer just signed a merger with one of its competitors, Hospira Inc. On February 5th of this year, Pfizer and Hospira announced that they will be entering into a merger to be all under the name Pfizer and Hospira being a subsidy. With Hospira being the world’s leading producer of injectable drugs and infusion technology and a world leader in biosimilars, Pfizer’s acquirement of Hospira will of be of great gain to them (www.prnewswire.com). Ian Read, Chairman and CEO of Pfizer says, “Coupled with Pfizer’s global reach, Hospira is expected to drive greater sustainability for our Global Established Pharmaceutical business over the long term." Read appears to have great hopes for the future of Pfizer Inc. and the benefits of having acquired Hospira. The merger was completed as of September 3rd, not less than two weeks ago …show more content…
Roels, Pfizer is looking to fulfill the mandate given to all by God in the creation story by making life better for others, by renewing life for others. Roels writes in the article, “If, indeed, the calling to business is rooted in creation, then it is also delivered from sin by Christ’s victory. Once again it is possible to claim that material development and economic exchange, the daily work of so many, can be renewed.” From this quote one can see that the biopharmaceutical industry and more specifically, Pfizer is doing just that. By creating drugs and medicines that help people maintain a healthy lifestyle, and on a larger scale, producing treatments to help diseases, that are a result of the fall, Pfizer is fulfilling the creation mandate of renewal. Although, not all Pfizer employees are Christians and are concerned with the issues of business as a Christian called vocation, the basis of their work can be seen as one of renewal from those worried about this issue (Roels