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Discussion Post 1
Jeano Pantal
Liberty University
BUSI 530- Managerial Finance
Company Background and Industry
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In the past year, Covid-19 has been one of the main issues the world
has been facing. One company that has been crucial throughout this whole
pandemic is Pfizer. Pfizer is part of the healthcare sector of business. They
are a global biopharmaceutical company that produces, manufactures, and
markets, distributes, and sells biopharmaceutical products. Aside from that,
the firm is in the contract manufacturing industry. Wholesalers,
manufacturers, hospitals, clinics, government departments, pharmacies,
individual provider offices, and disease control and prevention centers are all
served by the system. Aside from that, the firm is in the contract
manufacturing industry. Companies such as Merck, Johnson & Johnson, and
Eli Lilly and Company are some of their huge competitors. Pfizer creates
many notable products such as the Covid-19 vaccine, Viagra, Xanax, and
Advil.
Investment Decision
Looking at the financial for Pfizer this first quarter, Pfizer generated
14.6 billion in revenue. Compared to the first quarter of 2020, this was an