Tag: Pharmaceutical industry

A single apothecary shop founded in 1668 in Darmstadt, Germany, serves as the origin for the company that answers the question: what is the oldest pharmaceutical company in the world? This remarkable legacy of innovation has evolved over centuries, transforming from local remedies to global scientific solutions.

Following record-breaking pandemic-era profits, Pfizer’s annual revenue saw a significant 41% operational decline in 2023. For many investors and the general public, this downturn raises the crucial question: **Why did Pfizer go down?** The answer involves a complex combination of market shifts, strategic challenges, and regulatory pressures.