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Wyeth

Wyeth

Five Giralda Farms

Madison
United States
Fax: 1-973-6605771
www.wyeth.com


No. employees: 47,426
Turnover: 22,833.91 (US$m)
Financial year end: December

Company Overview

Wyeth is engaged in developing and providing pharmaceuticals and healthcare products for consumers and animals. Its product line includes treatments across a wide range of therapeutic areas. Wyeth is focused on the research and development of products for solving the world's most critical health problems. It also develops products for hematologic and solid organ malignancies, infectious diseases and preventative vaccines, and treatments in women's health including osteoporosis and vasomotor symptoms of menopause, etc. The company is headquartered at Madison, New Jersey, the US.

In January 2009, Wyeth entered into a strategic alliance with Santaris Pharma to develop RNA-based Medicines. In the same month, Wyeth also entered into a merger agreement with Pfizer, under which Pfizer will acquire Wyeth. In June 2009, Wyeth Pharmaceuticals, a division of Wyeth, and Catalyst Biosciences, Inc. entered into an exclusive worldwide collaboration to discover, develop and commercialize Factor VIIa products to treat hemophilia and other bleeding conditions.

The company reported revenues of (U.S. Dollars) USD 22,833.91 million during the fiscal year ended December 2008, an increase of 1.94% over 2007. The operating profit of the company was USD 6,338.09 million during the fiscal year 2008, a decrease of 1.84% from 2007. The net profit of the company was USD 4,417.83 million during the fiscal year 2008, a decrease of 4.29% from 2007.

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