1. Research & development
There’s never been anything quite like the new Pfizer. Why? Because of you -- the most important element of this new company. Companies like ours don’t get to be where they are without the best people. The people who built Warner-Lambert and the people who built Pfizer are the very best in our fields. United -- and with a redoubled commitment to our shared values -- we can only get even better. Despite all the excitement, mergers are trying times, as people adjust to changes in their professional and personal lives. How we respond to these changes will define our character as a company -- and as individuals.
Remember, we are all new to the new Pfizer. We have a company to build, a future to create, and great things to achieve together.
Each of us is responsible for welcoming our colleagues with warmth and respect. Each of us is responsible for making the new Pfizer a fulfilling and productive place to work.
The new Pfizer is a place of exceptional possibilities for improving the lives of people everywhere, and for creating better lives for ourselves, our families and the communities where we live and work.
As we enter the 21st century, more than ever before, life is our life’s work. Welcome to the new Pfizer.

4. The Phases of Drug Development
Pre-Clinical
Phase I Clinical Tests
Phase II Clinical Tests
Phase III Clinical Tests
Regulatory Review
Regulatory Approval
Phase IV Clinical Tests

6. Average Number of Clinical Trials per NDA

7. Average Number of Patients in Clinical Trials per NDA

8. R&D Investment Risks On average:
$ 800 million to bring one product to market
Only 1 in 5000 molecules developed make it to market as a prescription drug
3 of 10 that do make it to market recoup investment and make a profit.

10. Drop in Death Rates for Diseases Treated with Pharmaceuticals, 1965-1996

11. The Good that drugs do…
Innovative medicines, by preventing as well as curing disease help make integrated care possible
e.g Lipid lowering agents: Reduces cholesterol thereby preventing heart attacks and strokes
183 South Africans die every day from a heart attack or stroke.
With Lipid lowering agents: 50% DECREASE in stroke
59% DECREASE in non fatal myocardial infarction

12. Strong Intellectual Property
Improves Public Health
Quality drugs reach the market
Discourages counterfeit drugs which often pose a public health risk
Facilitates Transfer of Advanced Technologies
From Developed to Developing Countries
Larger Attraction for Skilled Labour

13. Strong Intellectual Property
Fosters Development of Industry
Trend towards local R&D vs merely Reproducing medicine
R&D and general investment increasing in Pro-IPR countries :
E.G. Mexico, Korea and Canada

14. CORNERSTONES OF INNOVATION
Adequate support for biomedical research
Strong protection of intellectual property
Rigorous, efficient, and transparent regulation of pharmaceuticals
Market-based delivery of health care
A supportive global business environment

15. Patent Protection
Pharmaceutical patents confer a right to prevent others from producing and selling the specific patented medicine without the permission of the patent holder for a limited time.

16. life is our life’s work
There’s never been anything quite like the new Pfizer. Why? Because of you -- the most important element of this new company. Companies like ours don’t get to be where they are without the best people. The people who built Warner-Lambert and the people who built Pfizer are the very best in our fields. United -- and with a redoubled commitment to our shared values -- we can only get even better. Despite all the excitement, mergers are trying times, as people adjust to changes in their professional and personal lives. How we respond to these changes will define our character as a company -- and as individuals.
Remember, we are all new to the new Pfizer. We have a company to build, a future to create, and great things to achieve together.
Each of us is responsible for welcoming our colleagues with warmth and respect. Each of us is responsible for making the new Pfizer a fulfilling and productive place to work.
The new Pfizer is a place of exceptional possibilities for improving the lives of people everywhere, and for creating better lives for ourselves, our families and the communities where we live and work.
As we enter the 21st century, more than ever before, life is our life’s work. Welcome to the new Pfizer.