pfizer inc. / ˈfaɪzər / is an american pharmaceutical corporation headquartered in new york city , with its research headquarters in groton , connecticut .

it is among the world 's largest pharmaceutical companies .

it is listed on the new york stock exchange , and its shares have been a component of the dow jones industrial average since 2004 .

pfizer develops and produces medicines and vaccines for a wide range of medical disciplines , including immunology , oncology , cardiology , diabetology/endocrinology , and neurology .

its products include the blockbuster drug lipitor ( atorvastatin ) , used to lower ldl blood cholesterol ; lyrica ( pregabalin ) for neuropathic pain/fibromyalgia ; diflucan ( fluconazole ) , an oral antifungal medication ; zithromax ( azithromycin ) , an antibiotic ; viagra ( sildenafil ) for erectile dysfunction ; and celebrex/celebra ( celecoxib ) , an anti-inflammatory drug .

pfizer was founded in 1849 by cousins charles pfizer and charles f. erhart in new york city as a manufacturer of fine chemicals .

its discovery of terramycin ( oxytetracycline ) in 1950 put it on a path towards becoming a research-based pharmaceutical company .

it has made numerous acquisitions , including warner – lambert in 2000 , pharmacia in 2003 , and wyeth in 2009 ( the largest of the three at $ 68 billion ) .

in 2016 , pfizer inc. was expected to merge with allergan plc , in a deal that would have been worth $ 160 billion , to create the ireland-based " pfizer plc " .

the merger was called off in april 2016 due to recent new rules from the united states treasury against inversions .

pfizer

pfizer shareholders services purchase pfizer stock , arrange for direct deposit of dividends , research pfizer stock split history , and find answers to frequently asked questions about pfizer stock .
the pfizer patient assistance program is a joint program of pfizer inc . and the pfizer patient assistance foundation™ . the pfizer patient assistance foundation is a separate legal entity from pfizer inc . with distinct legal restrictions .
pfizer’s headquarters in new york , where pfizer and wyeth announced that they would merge .
at pfizer we are committed to helping eligible patients in need get access to their pfizer medicines . watch our new ad to see how pfizer is raising awareness about pfizer rxpathways .
amy w . schulman , pfizer’s general counsel , said that pfizer had reformed — again .
pfizer to acquire king pharmaceuticals , inc . | pfizer pharmaceutical news and media | pfizer : the world ' s largest research - based pharmaceutical company
sally susman is executive vice president , corporate affairs for pfizer . she chairs pfizer’s political action committee and is vice chair of the pfizer foundation .
glassdoor has 46 pfizer reviews submitted anonymously by pfizer employees . read employee reviews and ratings on glassdoor to decide if pfizer is right for you .
pfizer privacy policy the privacy of your personal information is important to pfizer . visit pfizer ' s privacy policy to learn how we respect your privacy .
pfizer completes acquisition of king pharmaceuticals , inc . | pfizer pharmaceutical news and media | pfizer : the world ' s largest research - based pharmaceutical company
i would like to use the pfizer name , logo , trademarks or other materials owned by pfizer .
to view a listing of pfizer ' s press releases , please visit the pfizer press releases section .
pfizer rxpathways is part of pfizer’s global social investments portfolio . for more information , please visit urltoken .
pfizer ' s agreement with warner on lipitor is the reason pfizer made the hostile bid for warner .
emile pfizer , charles pfizer ' s youngest son , is appointed president at a special board meeting .
pfizer underscored that the nigerian representatives wanted lump sum checks and that pfizer is concerned with potential transparency issues .
the exchange offer is voluntary for pfizer shareholders . no action is necessary for pfizer shareholders who choose not to participate , and their existing pfizer shares will not be impacted .
pfizer partners with japan ' s taito to manufacture and distribute antibiotics . pfizer acquires full ownership of taito in 1983 .
the exchange offer of 0 . 9898 zoetis share for each pfizer share expired on friday . pfizer will swap almost 401 million zoetis shares for more than 405 million pfizer shares .
pfizer acquires alacer corp . , a leading vitamin supplements company | pfizer : one of the world ' s premier biopharmaceutical companies
pfizer corporate governance information about the pfizer board of directors including details about its members , governing principles , charters , and committees .
in 1849 , cousins charles pfizer and charles erhart founded charles pfizer & company in a red brick building in brooklyn , ny .
albert bourla is the group president of pfizer innovative health at pfizer inc . , one of the world’s premier innovative biopharmaceutical companies .
pfizer concludes previously disclosed settlement agreement with u . s . department of justice regarding past promotional practices | pfizer pharmaceutical news and media | pfizer : the world ' s largest research - based pharmaceutical company
pfizer investment in research and development exceeds $ 4 billion for the first time . learn more about pfizer ' s commitment to research .
pfizer expressly denies all of these civil allegations , with the exception that pfizer acknowledges certain improper actions related to the promotion of zyvox .
186 pfizer operations manager jobs , including salaries , reviews , and other job information posted anonymously by pfizer operations manager employees . find pfizer operations manager jobs on glassdoor . get hired . love your job .
spiderbook is your source for insider information about pfizer partners . below is a sample from our pfizer partner list . you can also find companies in the pfizer partner network that have received recognition and awards .
pfizer has programs that may help , no matter your age or income . you may even qualify for free pfizer medicines . visit pfizer rxpathways ® to find patient assistance programs that may best meet your needs .
figure 3 - profit margins of pfizer before and after acquisition of wyeth in 2009 . source : financial statements of pfizer from 2008 - 2012
kirsten was elected to the pfizer foundation board in 2008 . she chaired pfizer’s environmental sustainability council from 2009 through 2016 and was named executive leadership team ( elt ) sponsor for pfizer’s environmental sustainability program in 2017 .
access to medicines is a cornerstone of pfizer’s commitment to health care . for more than 25 years , pfizer has offered an array of prescription assistance programs to help eligible patients get access to their pfizer medicines . today , this assistance is provided through pfizer rxpathways™ , formerly pfizer helpful answers® , which helps eligible patients get access to their pfizer medicines by offering a range of support services , including insurance counseling , co - pay help , providing pfizer medicines for free or at a savings , and more .
pfizer ' s birthplace , soon without pfizer .
new york times , january 28 , 2007 . accessed august 23 , 2010 . urltoken
figure 4 - roa and roe of pfizer before and after acquisition of wyeth in 2009 . source : financial statements of pfizer from 2008 – 2012
pfizer ( 2009 ) . pfizer wyeth 2009 financial performance overview . [ online ] available at : urltoken . [ accessed 13 february 2014 ] .
pfizer ( 2010 ) . pfizer wyeth 2009 financial performance overview . [ online ] available at : urltoken . [ accessed 13 february 2014 ] .
pfizer and allergan will combine under allergan plc , which will be renamed pfizer plc . ( timothy a . clary / afp / getty images )
pfizer is also using its diversity program to help merge its corporate culture with that of pharmacia , which became part of pfizer in april .
employment faqs instructions on how to electronically submit your credentials to pfizer ' s recruiters , as well as information about pfizer ' s job posting program .
copyright © pfizer canada inc . 2018 all rights reserved . the information is intended only for residents of canada . ® pfizer inc , used under license
you are now leaving pfizer rxpathways . links to other sites are provided as a convenience and pfizer does not take responsibility for the content of linked sites .
pfizer announces a diversified r & d platform named pfizer worldwide research and development , supporting excellence in small molecules , large molecules and vaccine research and development .
pfizer said the exchange offer was oversubscribed , with almost 1 . 7 billion pfizer shares tendered . it said it expects to complete the exchange on wednesday .
neusentis , part of pfizer limited , consolidates pfizer ' s pain & sensory disorders and regenerative medicine units into a biotech like unit in cambridge , uk .
ian read , pfizer ' s chairman and chief executive officer , said : “we are pleased to welcome ron blaylock to pfizer ' s board of directors .
kirsten was named executive vice president and president , pfizer global supply ( pgs ) in december 2016 and is responsible for pfizer’s internal and external supply network .
people close to pfizer stressed that pfizer’s interest in allergan is driven by the latter’s portfolio of products that include wrinkle treatment botox and restasis dry eye treatment . but inversion is also an important element in pfizer’s considerations , the sources said .
before embracing pfizer’s premium offer , astrazeneca should learn the lessons of pfizer’s acquisition history . in exchanging its shares for pfizer’s , astrazeneca’s board should look beyond the immediate price to examine whether its shareholders would benefit by holding pfizer stock . since mid - 2000 , pfizer’s stock price has declined to about $ 32 a share from $ 46 , while the dow jones industrial average is up 43 percent .
and on thursday , frank d’amelio , pfizer’s chief financial officer , went further .
pfizer shareholders will receive one share for each of their shares in that company .
with the headline : pfizer to leave city that won land - use suit .
with the headline : pfizer shares plummet on loss of a promising heart drug .
in the latest deal , pfizer is acquiring two single - dose meningitis vaccines .
you are now leaving pfizer rxpathways . links to other sites are provided as a convenience , and pfizer does not take responsibility for the content of linked sites .
copyright © 2009 pfizer limited , india . all rights reserved . ascript : bookmarksite ( ' pfizer india ' , ' urltoken ' )
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pursuant to a merger transaction , pharmacia became a wholly owned subsidiary of pfizer .
pfizer gets its deal to buy warner - lambert for $ 90 . 2 billion
yesterday , pfizer executives said that they were not concerned about any antitrust issues .
book traversal links for pfizer vs . warner - lambert - biggest battles in biopharma
pfizer buys king pharmaceuticals for $ 3 . 6 billion - medical marketing and media
pfizer said the zoetis spinoff will boost its earnings per share in 2014 because all 405 million pfizer shares it is receiving for its zoetis stake are considered retired .
pfizer’s plant in louvain - la - neuve , belgium , develops veterinary vaccines .
the expansion propelled by the civil war continues and pfizer ' s revenues double .
related link : bull and bear takeaways from pfizer ' s . 2 billion deal
albert bourla , dvm , ph . d . group president , pfizer innovative health
price list of pfizer limited for nlem products as on december 26 , 2016 .
price list of pfizer limited for nlem products as on november 14 , 2016 .
price list of pfizer limited for nlem products as on october 10 , 2016 .
price list of pfizer limited for nlem products as on june 28 , 2016 .
price list of pfizer limited for nlem products as on june 9 , 2016 .
price list of pfizer limited for nlem products as on may 23 , 2016 .
to : all persons and entities who purchased and / or otherwise acquired pfizer inc . (
pfizer
or
pfe
) common stock between and including
pfizer inc . and quigley company v . law offices of peter g . angelos
pfizer’s patient assistance programs have helped millions of uninsured and underinsured patients gain access to the medications they need . for more information on pfizer rxpathways , please visit urltoken .
icagen is now part of pfizer’s worldwide research and development organization , and will be integrated into neusentis , pfizer’s research unit encompassing pain , sensory disorders and regenerative medicine .
how long can pfizer soar ? 04 . 17 . 02 yes , pfizer ' s outgrowing its waning peers right now , but the comparisons are less than fair .
pfizer wuxi pharmaceutical plant was established in 1995 and is a production base for pfizer china’s anti - cancer drugs . the production base became gmp - certified in 1999 .
pfizer said the majority of staff would be made redundant over the next two years .
edition with the headline : pfizer bets $ 15 billion on new sort of generics .
pfizer shareholders of record needing assistance and information can contact us in the following ways .
pfizers cancer research is concentrated in san diego , where a looser culture is encouraged .
in june pfizer announced it would retain some operations at its research and development facility .
pfizer begins a decade of substantial growth and establishes new world headquarters in midtown manhattan .
but pfizer says only 11 of the 200 children used in the drug trial died .
innovation is the key to improving health and sustaining pfizer ' s growth and profability .
ahora se dispone a abandonar el sitio de pfizer rxpathways . se proporcionan enlaces a otros sitios para su comodidad y pfizer no asume responsabilidad por el contenido de estos enlaces .
pfizer to buy king pharmaceuticals for $ 3 . 6 billion - the new york times
pharmaceutical giant pfizer has completed its acquisition of bristol , tenn . - based king pharmaceuticals for $ 3 . 6 billion . king is now a wholly owned subsidiary of pfizer and the two companies have begun joint operations , according to a pfizer news release .
“following the astrazeneca board’s rejection of the proposal , pfizer announces that it does not intend to make an offer for astrazeneca , ” pfizer said in a short news release .
pfizer says it is committed to addressing ongoing problems across hospira ' s manufacturing network .
we have scoured the internet to find every last piece of information about pfizer partners .
pfizer to pay $ 964m in quigley ' s approved ch . 11 plan - law360
in 1992 , pfizer inc . and shiley incorporated , a wholly owned subsidiary of pfizer inc . , negotiated a settlement with members of the bowling class in the case called
arthur ray bowling , et al . v . pfizer inc . , et al .
judge says pfizer ' s $ 8 . 3m tax suit brought too late - law360
pfizer’s plan to leave u . s . unsettles drug lobbyists - the new york times
with its latest maneuver , pfizer appears to have stopped waiting for congress to act .
mr . steere will remain pfizer ' s chairman and chief executive . the 63 - year - old executive worked in marketing and sales at pfizer before becoming a top executive .
the plan barred future actions against pfizer . pfizer was a defendant in 280 , 343 of the 411 , 100 claims served against quigley , judge bernstein noted in his ruling .
nevertheless , the federal appellate level is where pfizer finally hit a brick wall . pfizer’s “influence” to delay justice ended in december 2012 , when the appeals court ruled in my favor . in fact , the appeals court justices called pfizer malicious and agreed with the jury that my safety complaints were of public concern . they agreed that pfizer had retaliated against me with willful and wanton intent . pfizer was out of appeal options and out of time . the court eventually forced pfizer to pay me . it came this year , 10 years after pfizer began a long and hostile attack against me . pfizer attacked my health and my livelihood … all because of my public health and safety advocacy for a safer work environment .
mcclain , a longtime molecular biologist at pfizer’s groton laboratories , claimed that pfizer refused to hand over records showing the type of virus to which she was exposed . pfizer said mcclain was never exposed to a hazard , and therefore there were no records to hand over .
the hospira corporate headquarters in lake forest , ill . pfizer wants to buy the company .
johnson & johnson buys pfizer unit for $ 16 . 6 billion - the new york times
with the headline : johnson & johnson buys pfizer unit for $ 16 . 6 billion .
after earlier rumours , the deal was confirmed by pfizer on its website on monday morning .
you can find information about pfizer offices in other countries by visiting those country web sites .
i suspect the pfizer product i have purchased may be counterfeit . who should i contact ?
bristol - myers squibb merck & co . pfizer inc . finance health care biotech & pharmaceuticals
with the headline : a pfizer whistle - blower is awarded $ 1 . 4 million .
the pfizer pharmaceuticals group is responsible for bringing residents of ireland a number of important medicines .
warner - lambert gets pfizer offer for $ 82 . 4 billion - the new york times
pfizer was really dragging their feet on this .
in response to the pfizer deal , king upgraded his recommendation on osi from
buy
to
strong buy .
viagra firm pfizer has come up against resistance during its bid for astrazeneca . photograph : alamy
he acquisition of medivation will accelerate pfizer’s “pathway to a leadership position in oncology , one of our key focus areas” , said ian read , chairman and chief executive officer of pfizer .
pfizer la jolla laboratories powerfully reinforces the company ' s presence in the global biotechnology industry .
kirsten has been a member of the pgs leadership team since 2000 , and was the pgs lead on several of pfizer’s business leadership teams ( pfizer consumer , primary care , specialty care , established products and pfizer innovative health ) driving collaboration between global supply and commercial teams .
grant & eisenhofer p . a . announces settlement of in re pfizer inc . securities litigation
christopher loder , a pfizer spokesman , didn ' t immediately return a call for comment .
and the key players ? glaxosmithkline , merck & co , sanofi pasteur , and pfizer .
pfizer and warner - lambert are expected to announce the details of their merger today . pfizer has agreed to exchange 2 . 75 of its shares for each share of warner - lambert , people close to the companies said . they added that the new company would keep the pfizer name and would be based in new york city , where pfizer ' s headquarters are .
pfizer executives have said the company intends to look at deals of all sizes , from individual licensing agreements to large - scale takeovers . pfizer may also allow companies it buys to operate as separate organizations , rather than being absorbed into pfizer , which has 106 , 000 employees .
the proposed acquisition of medivation is expected to immediately accelerate revenue growth and drive overall earnings growth potential for pfizer ,
said ian read , chairman and chief executive officer of pfizer .
the offer - the second pfizer has made for astrazeneca - was immediately rejected by the board of the uk pharmaceutical firm , which said pfizer continued to
significantly undervalue
the company .
please e - mail pfizer corporate media relations and let us know which pfizer executive you would like to interview , the nature of the interview , your contact information , and your deadline .
icu medical inc . to acquire the hospira infusion systems business from pfizer inc . for $ 1 billion in cash and stock | pfizer : one of the world ' s premier biopharmaceutical companies
pfizer sued for in proper consent in medical experiments in nigeria - abdullahi v . pfizer , inc . , no . 02 - 9223 ( 2d cir . 10 / 08 / 2003 )
pfizer has programs that can help americans without prescription coverage save on many pfizer medicines , no matter their age or income . people with limited incomes may even qualify to get their pfizer medicines for free . call 1 - 866 - 706 - 2400 or visit urltoken for more information .
as a health care company , pfizer is very aware of the potential impact of climate change on global health ,
said steve brooks , vice president of global environment health & safety for pfizer .
pfizer has set ambitious goals to lessen our effect on the environment .
in the end , osha had documented evidence that pfizer management had refused us remedy to serious biocontainment problems at pfizer and that employees had fallen ill from exposures at pfizer . despite these facts , my investigator still threw out my osha claim and refused to do a safety inspection at pfizer . instead , she wrote that i had a character flaw and was out to get money .
the deal for hospira comes at a critical time for pfizer . some of pfizer’s best - selling drugs lose patent protection soon , and the company will have to make up for lost sales .
experiments were condemned by doctors , including one on pfizer ' s staff , at the time .
according to [ pfizer country manager enrico ] liggeri , pfizer had hired investigators to uncover corruption links to federal attorney general michael aondoakaa to expose him and put pressure on him to drop the federal cases . he said pfizer ' s investigators were passing this information to local media , xxxxxxxxxxxx .
with the headline : pfizer to pay $ 2 . 3 billion to settle inquiry over marketing .
pfizer , hospira share prices to soar after $ 17bn deal announced | city a . m .
bourla added that pfizer envisioned crisaborole joining its inflammation and immunology portfolio that includes two marketed drugs .
pfizer announced in february that its operation , which employs 2 , 400 people , would close .
the pfizer - gsk deal is expected to close in the second half of 2015 , pfizer said , subject to final european commission approval , other regulatory approvals , and other customary closing conditions .
other children who were used in the controversial 1996 drug trial by us pharmaceutical giant pfizer died .
pfizer launches geodon ® ( ziprasidone hydrochloride ) , a new antipsychotic for the treatment of schizophrenia .
on april 16 , 2003 pfizer inc and pharmacia corporation combine operations , bringing together two of the world´s fastest - growing and most innovative companies . learn more about the pfizer / pharmacia merger .
pfizer helpful answers ® , the pharmaceutical industry ' s most comprehensive prescription medicines access initiative is launched , enabling america ' s 45 million uninsured to obtain pfizer medicines free or at significant savings .
both memos have come back to bite pfizer once they were discovered by lawyers suing the company .
pfizer , already the world ' s largest drugmaker , is buying pharmacia for $ 60 billion .
figure 2 - synergies from the acquisition of wyeth by pfizer . source : nytimes ( 2009 )
essays , uk . ( november 2013 ) . acquisition of wyeth by pfizer . retrieved from urltoken
pfizer spins off animal health unit in $ 2 . 2 billion i . p . o .
the ceo is juan ramón alaix , who had been president of pfizer animal health since 2006 .
it was probably about a week ago when the wheels really came off the pfizer takeover machine .
here is a look at some of pfizer ' s completed acquisitions over the past two years .
three of the top 10 deals involved us behemoth pfizer – including the biggest of them all .
kirsten lund - jurgensen , ph . d . executive vice president and president , pfizer global supply
established in 1989 , pfizer dalian pharmaceutical plant is the first gmp - certified plant in china .
pfizer concludes previously disclosed settlement agreement with u . s . department of justice regarding past promotional practices
bowling - pfizer settlement funds . bowlingpfizer @ fuse . net . accessed may 26 , 2004 .
“we disagree with the court’s conclusion but respect its decision , ” pfizer said in a statement .
i hope mrs . mc clain’s case against pfizer will bring attention to the biotech employee’s plight .
pfizer is ordered to pay $ 850 , 000 to brigham young u . for delaying patent litigation
pfizer and eli lilly said today they are gearing up to resume the phase iii clinical program for tanezumab after nearly five years—with pfizer expecting to receive $ 200 million upfront from lilly as a result .
however , the agreement stipulates that charles pfizer can buy william erhart ' s share at half its inventory value — an option charles pfizer quickly exercises , consolidating ownership of the company in his hands .
in connection with the proposed transaction between pfizer and wyeth , the board of directors of pfizer has determined that , effective with the dividend to be paid in the second quarter of 2009 , it will reduce pfizer’s quarterly dividend per share to $ 0 . 16 , which continues to be competitive with other industry participants . pfizer believes the transaction offers significant opportunities to enhance long - term shareholder value .
of king’s products , jami rubin of goldman sachs wrote in a note on tuesday : “these assets may potentially perform better under pfizer’s umbrella , in our view , given pfizer’s strong marketing machine . ”
the offer would allow pfizer shareholders to exchange $ 100 worth of company stock for $ 107 . 52 worth of zoetis stock . the premium is meant to encourage pfizer shareholders to acquire zoetis shares .
the average salary for pfizer operations is $ 95 , 718 per year , ranging from $ 73 , 851 to $ 112 , 534 . compare more salaries for pfizer operations at paysa . com .
“the addition of a third partner could speak to a greater outsourcing push at pfizer , suggesting that while ppd may enjoy significant bookings upside , icon and parexel will continue to grow with pfizer .
this website has been established to provide general information related to the pfizer inc . ( “pfizer” ) securities litigation . this action is pending before the united states district court southern district of new york .
“the whole culture of pfizer is driven by sales , and if you didn’t sell drugs illegally , you were not seen as a team player , ” said mr . kopchinski , whose personal share of the pfizer settlement is expected to exceed $ 50 million . mr . kopchinski left pfizer in 2003 .
pfizer inc has been commended by the carbon disclosure project ( cdp ) for its approach to addressing climate change . cdp named pfizer to its climate disclosure leadership index , which highlights the company ' s climate change disclosure practices . this is the third consecutive year that pfizer has been recognized by cdp .
list of pfizer brands , including some of the manufacturer ' s most highly recognizable products . pfizer is a long standing company that makes everything from prescription medication products to vaccines for consumers . from robitussin cough syrup to viagra for erectile dysfunction , it ' s very likely that almost everyone has used a pfizer product or brand at some point . this list answers the key question ,
what are the best pfizer brands ?
the best pfizer brands are instantly identifiable . people know and trust these brands , because they ' ve been using them for decades . perhaps one of the most well - known pfizer brand is chapstick lip balm - - a staple item for dealing with chap lips . advil is another great example of a key pfizer brand . from small beginnings in the mid - 1800s in new york city , pfizer has continued to expand its brands . today , pfizer brands are worldwide , a global mecca of sorts . what is the best pfizer brand ? that depends on what a consumer needs . this company makes such a wide variety of consumer goods , and all are useful . need an antidepressant ? zoloft is a pfizer brand . having problems with hemorrhoids ? pfizer makes preparation h , an anti - inflammatory product . many of pfizer ' s most recognizable brands can be found in a typical medicine cabinet , including depo provera , lyrica , dimetapp , xanax and chantix , an anti - nicotine drug . pfizer brands also include diflucan , celebrex , lipitor , and ativan for anxiety . this list of pfizer brands can help consumers easily identify which products are made and distributed by pfizer .
but it hopes to transfer several hundred positions to other sites or other companies doing work for pfizer .
consumer advocates heaped scorn on pfizer and said that illegal marketing was still common in the drug industry .
pfizer said it expected the merger to result in savings of $ 2bn in the first three years .
with the headline : in tight market , pfizer agrees to pay $ 68 billion for rival wyeth .
pfizer already has an extensive collaboration with medarex , although medarex also has deals with several other companies .
pfizer said it does not expect the transaction to have any “significant” impact on its 2015 financial performance .
eleven children died and others were blinded , paralysed or brain - damaged . pfizer denies all allegations .
counterfeit versions of viagra and dozens of other pfizer medicines rob the company of billions in annual sales .
at $ 363 . 63 per allergan share , pfizer’s acquisition represents a more than 30 % premium based on pfizer’s and allergan’s share prices as of october 28 . allergan shareholders will receive 11 . 3 shares of the combined company for each allergan share they own , while pfizer stockholders will receive one share of the combined company for each share of pfizer stock , which closed friday at $ 32 . 18 .
pfizer launches relpax ® ( eletriptan hbr ) , a medication developed specifically for the treatment of migraines .
chantix™ ( varenicline ) , a prescription medicine to help adults stop smoking , is launched by pfizer .
after the monsanto spin - off , pfizer will exchange 1 . 4 shares of pfizer common stock for each outstanding share of pharmacia stock in a tax - free transaction valued at $ 45 . 08 per pharmacia share , based on pfizer ' s july 12th closing stock price of $ 32 . 20 .
pfizer’s acquisition of pharmacia has set the pace and it’s now time for the industry to catch up .
' s shareholders will prove as patient , or wander off to pfizer , remains to be seen .
figure 1 - comparison of pfizer and wyeth in 2009 . source : karnitschnig & rockoff ( 2009 )
it was this pipeline that astrazeneca management used to make its case for pfizer significantly undervaluing the company .
pfizer has a long history of innovation in healthcare and research , across the world and in australia .
doug lankler joined pfizer in 1999 and currently serves as general counsel . prior to being named general counsel , doug was pfizer ' s chief compliance and risk officer , a role he assumed in 2006 .
pfizer limited – communication regarding goods and service tax implementation for becosules women 15’s and becosules performance 15’s .
pfizer inc . and quigley company , inc . , v . law offices of peter g . angelos
in 2011 the fda told pfizer that its
online resources
webpage on lipitor contained misleading statements .
sally susman is the chief lobbyist for pfizer , which will be based in ireland after a merger .
pfizer lobbies on a variety of topics and does not break down how much they lobby on tax reform specifically . among those representing pfizer’s tax interests is ken kies , one of washington’s top tax lobbyists .
sally sussman should have been one of the greatest and most fortuitous hires in the history of pfizer .
pfizer said it will finance the acquisition with existing cash . the boards of both pfizer and medivation have unanimously approved the deal , which is expected to immediately add 5 cents to pfizer’s adjusted diluted earnings per share ( eps ) in the first full year after closing , with additional accretion and growth anticipated thereafter .
this release contains forward - looking information that involves substantial risks and uncertainties about pfizer’s acquisition of ferrosan consumer health’s business , including its potential benefits , and about the introduction of ferrosan’s and pfizer consumer healthcare’s products into new markets . such risks and uncertainties include , among other things , the ability to introduce ferrosan’s products into existing pfizer consumer healthcare markets and the ability to introduce pfizer consumer healthcare products into existing ferrosan markets ; other business effects , including the effects of industry , economic , political or regulatory conditions outside of pfizer ' s control ; and other uncertainties related to the business of pfizer and ferrosan consumer health’s business .
ian read , chairman and chief executive officer of pfizer inc . , left , and brent saunders , president and chief executive officer of allergan plc , stand for a photograph in front of pfizer headquarters in new york , u . s . , on monday , nov . 23 , 2015 . pfizer inc .
the combined firm , to be named pfizer inc , will have annual revenues of $ 28 billion and a market capitalisation in excess of $ 230 billion , pfizer and warner - lambert said in a statement .
wyeth is now a wholly owned subsidiary of pfizer inc . the merger of local wyeth and pfizer entities may be pending in various jurisdictions and integration is subject to completion of various local legal and regulatory obligations .
pfizer and allergan will announce the termination of their deal on wednesday , a source familiar with the matter said , asking not to be identified ahead of any official statement . pfizer and allergan declined to comment .
“quigley and pfizer have promptly begun the process of considering and identifying further business opportunities for quigley to undertake in excess of five years to satisfy the court ' s concerns regarding plan feasibility , ” pfizer said .
now , pfizer is looking toward hospira to increase its earnings per share . pfizer stock was up nearly 3 percent on thursday on the news of the deal . pfizer said the deal should result in $ 800 million in annual cost savings by 2018 , and is expected to close in the second half of this year .
pfizer ' s drugs portfolio includes the breast cancer treatment ibrance and several other promising immuno - oncology products .
last year , pfizer made an offer to buy astrazeneca in a move that analysts said was designed to reduce pfizer ' s tax bill . the uk drugs group rejected the bid , arguing it undervalued the company .
pfizer was advised by goldman , jpmorgan and barclays ; wyeth was advised by morgan stanley and evercore partners .
meanwhile senators carl levin and roy wyden are looking to close the tax loophole that pfizer plans to use .
select a topic from the list below for answers to many frequently asked questions about pfizer employment and recruiting .
now consider history as a guide . pfizer is historically bad at deals . the wsj notes , archly :
john lamattina , pfizers head scientist , was the companys chief booster for torcetrapib , the failed heart drug .
“pfizer records are explicit . action taken : ' dose continued unchanged . ' outcome : ' death . '
© pfizer ltd . 2016 all rights reserved . the products discussed herein may have different labeling in different countries
to help address critical gaps in malaria treatment and education , pfizer announces the launch of mobilize against malaria .
let ' s look at how pfizer ' s stock has performed and what lies ahead for the drugmaker .
at the same time , pfizer didn ' t rely solely on human - targeted treatments for its success . pfizer ' s agricultural division eventually recast itself as focusing on animal health , and the 1995 purchase of smithkline beecham ' s animal health business made pfizer a leader in pharmaceuticals for livestock as well as household pets .
pfizer inc . all rights reserved . this information—including product information—is intended only for residents of the united states .
pfizer gets its deal to buy warner - lambert for $ 90 . 2 billion - the new york times
and , with mr . steere in charge , selling drugs at pfizer has become more like selling toothpaste .
us pharmaceutical giant pfizer has confirmed that it has agreed to acquire pharmacia for $ 60 billion in stock .
a pfizer ( $ pfe ) deal is at the center of another round of insider trading charges . this time , the buyout is pfizer’s 2010 king pharmaceuticals deal , and it’s a lawyer who allegedly told secrets .
( reuters ) - pfizer inc said on wednesday it will spin off its majority stake in animal health business zoetis inc to shareholders by allowing them to swap pfizer stock for zoetis shares at a 7 percent discount .
the animal health business accounted for about $ 4 . 2 billion in annual revenues for pfizer in 2011 .
hospira , inc . is now a subsidiary of pfizer inc . the combination of local pfizer and hospira entities may be pending in various jurisdictions and integration is subject to completion of various local legal and regulatory steps .
on december 1 , pfizer reported the closing of baxter ' s marked vaccines portfolio for $ 635 million .
pfizer provides support in the form of medical research grants or fellowships and investigational compounds to investigators or institutions .
mr . lalbhai was also on the board of wyeth limited since 2002 till its amalgamation with pfizer limited .
pfizer has bolstered its board of directors with the appointment of ronald blaylock , who joins with immediate effect .
prior to joining pfizer , chuck served for eight years in the united states air force as an instructor fighter pilot and flight commander . chuck is the executive sponsor of the pfizer colleague council , veterans in pfizer , which works to maximize the unique role veterans and active military personnel play in driving workplace and marketplace outcomes .
the lobbyists asked for anonymity since criticizing pfizer or the industry’s present position in washington could get them fired .
this web site contains much of the information that you may need . for financial information , please visit our investors section where you will find our annual review and other financial reports . information about pfizer ' s history can be found in the history section , and information about pfizer can be found in the about pfizer section .
please e - mail pfizer corporate media relations and let us know which pfizer executive you would like to speak at your event , the nature of the event , your contact information , and the date of the event .
pfizer has long touted a hefty dividend to keep investors happy while it develops new drugs . but to do the deal , pfizer slashed its dividend to 16 cents per share , effective with its second - quarter payout .
the deal is expected to boost pfizer’s earnings in the second full year after closing and result in cost savings of $ 4 billion by the third year . pfizer is reducing its manufacturing sites to 41 from 46 facilities .
pfizer also said that it would give quigley a viable business to reorganize . the ad hoc committee said the case should be dismissed in part because it has had no operation other than claims processing , funded by pfizer .
in 1991 , a class action lawsuit was filed against pfizer , on behalf of patients who had received the implant and were concerned it might fracture . the lawsuit alleged pfizer inc hid potential defects from patients . according to
but the treasury department ' s killing of pfizer ' s $ 160 billion deal to buy allergan with its crackdown on tax inversions this week proves things haven ' t worked out the way pfizer thought they might . despite having the best possible connections to the administration , the administration screwed pfizer . the question is : does this mean that pfizer simply got unlucky , or is the entire lobbying industry a bubble that ' s starting to burst ?
in 2000 , pfizer acquired warner - lambert , bringing together two of the fastest - growing companies in the pharmaceutical industry and adding to pfizer ' s global strengths and rich heritage . with warner - lambert , pfizer gained product lines ranging from parke - davis branded pharmaceuticals to listerine mouthwash to schick and wilkinson sword wet - shave products .
the cable says liggeri went on to suggest that the lawsuits against pfizer
were wholly political in nature
.
dr . mace l . rothenberg , an oncologist , was recruited by pfizer to develop home - run drugs .
pfizer introduces minipress ® ( prazosin hci ) in the united states , for the control of high blood pressure .
pfizer denies any wrongdoing and reiterates its position that its trial of trovan was conducted in accordance with nigerian regulations .
pfizer says these are symptoms of meningitis and there is nothing to suggest that trovan killed or injured any children .
before it was a medicine it was an idea . pfizer brings the story of making a medicine to life .
pfizer launches a new medicine safety website to help healthcare professionals and patients make better informed decisions about treatment options .
pfizer has delivered solid returns , but its shares still languish below all - time highs . find out why .
pfizer inc .
a pioneering spirit on the fronteirs of medicine .
accessed august 23 , 2010 . urltoken
corporate relationships among monsanto company , pharmacia llc , pfizer inc . , solutia inc . , and eastman chemical company
the deal would also introduce pfizer to two markets it has never been in before : cancer treatment and ophthalmology .
pfizer and wyeth will begin joint operations tomorrow , october 16 , 2009 . the merger of local pfizer and wyeth entities may be pending in various jurisdictions and integration is subject to completion of various local legal and regulatory obligations .
in 1999 , pfizer ceo , bill steere , told forbes : “mergers in the industry are done out of weakness . we are not weak . ” a year later , pfizer acquired warner - lambert for $ 112 billion .
both wyeth and pfizer have strong research programmes in diseases of the central nervous system , such as alzheimer ' s disease , and in animal health - care products . but pfizer chief executive jeffrey kindler says that the wyeth acquisition will diversify pfizer ' s pipeline , particularly in vaccines and in biologics — drugs comprised of complex biological molecules .
king’s stock soared 39 . 3 percent on tuesday to $ 14 . 14 , nearly matching pfizer’s offer price .
the pfizer logo is seen at their world headquarters in new york april 28 , 2014 . reuters / andrew kelly
pfizer inc . ( nyse : pfe ) today announced that it has completed its acquisition of hospira , inc .
he added this would not affect the ongoing partnerships with icon and parexel , but rather complement pfizer’s outsourcing strategy .
the lawsuit covered shareholders who bought pfizer stock between oct . 31 , 2000 and oct . 19 , 2005 .
if you purchased the common stock of pfizer inc . ( “pfizer” or the “company” ) domestically or on a domestic exchange between january 19 , 2006 and january 23 , 2009 , inclusive , you may be a class member .
i applaud mrs . mc clain for her tenacity in not buckling under the pressure from the biotech giant pfizer .
as part of the settlement , pfizer said that byu will establish a dan simmons chair in recognition of simmons .
1996 the food and drug administration ordered pfizer to stop making unauthorized and misleading medical claims for its antidepressant zoloft .
new york - - ( business wire ) - - pfizer inc . ( nyse : pfe ) today announced its intention to split off its remaining interest in zoetis inc . ( nyse : zts ) , through an exchange offer . zoetis , formerly pfizer’s animal health business , completed its initial public offering ( ipo ) in february 2013 . in the exchange offer , pfizer shareholders can exchange all , some or none of their shares of pfizer common stock for shares of zoetis common stock owned by pfizer . the exchange offer is anticipated to be tax - free for participating pfizer shareholders in the united states , except with respect to cash received in lieu of a fractional share . the completion of the full separation of zoetis is expected to be accretive to pfizer’s earnings per share beginning in 2014 .
with $ 2 , 500 borrowed from charles pfizer ' s father , cousins charles pfizer and charles erhart , young entrepreneurs from germany , open charles pfizer & company as a fine - chemicals business . a modest red - brick building in the williamsburg section of brooklyn , new york , serves as office , laboratory , factory , and warehouse .
pfizer is getting only $ 3 . 40 , although it too is trending up . so the two are similarly efficient at turning sales and marketing into revenues , but the most promising cuts still lie within pfizer and not wyeth . ( that ' s a chilling thought if you ' re a pfizer sales rep , because those pfolks know that pfizer has laid off about 15 , 000 people in the last two years in an attempt to save $ 2 billion in costs . ) so why depress pfizer ' s stock even further and cause years of managerial turf - war chaos if pfizer can make those cuts on its own and not have to shower wyeth shareholders with a deal premium ?
pfizer said that selling the rest of zoetis will boost earnings starting in 2014 . if it does not sell all of its stake through the exchange offer , pfizer said it could turn to additional exchange offers or a special dividend .
“pfizer holds the health and safety of its colleagues and contractors among its highest priorities thereby reaffirming the earlier federal court decision that ms . mcclain’s allegations of work safety issues were completely without merit , ” pfizer said in its statement .
“this pfizer thing is humongous , and i think it could change the course of history for the entire industry , ” one of the industry’s top lobbyists said in an interview . “pfizer shot us all in the collective foot . ”
ken w . cole , pfizer’s senior vice president for government relations , would not comment on pfizer’s lack of disclosure of donations to think tanks and trade associations , nor would he indicate which organizations were in receipt of such donations .
the closure of the kent facility is part of pfizer ' s reorganisation of its research and development across the world .
the problem was that pfizer had not obtained proper consent from the children being treated . families of the children allege that
none of this looks great for pfizer , but look at who the company is dealing with . the cables say :
in the case as
speculative
and too filled with hearsay to be regarded as evidence . pfizer told bnet :
one of the attractions of the deal to pfizer is that it could significantly lower the company ' s tax bill .
if you are a healthcare professional or consumer seeking medical information about our prescription products , please contact pfizer medical information .
yes , in 2002 pfizer became the only u . s . pharmaceutical company to endorse the principles of the global compact . to see what pfizer is doing as an active participant of the global compact view our annual communication on progress .
pfizer is the world’s biggest drug company , with 106 , 000 employees and $ 51 billion in sales in 2005 .
so even though pfizer’s current position is strong , analysts say the crisis it faces is real . yesterday , moody’s investors service said it might lower its rating on pfizer’s bonds , which are currently graded at aaa , the highest possible .
it is further alleged that pfizer representatives travelled to kano to test the experimental drug in the impoverished region of nigeria .
pfizer claim that the mortality rate for a second group not using trovan was 4 % higher than those that did .
pfizer ' s proposed acquisition requires approval by regulators in both the united states and europe . pfizer currently has about 8 percent of the global market , while glaxosmithkline , the second - largest drug company , controls 7 . 3 percent .
pfizer and wyeth will be holding a press conference with senior executives from both companies monday , january 26 at 10 : 00am at pfizer’s corporate headquarters located at 235 east 42 nd street , n . y . , n . y .
in addition , pfizer anticipates the transaction to yield initial cost savings from operating expenses of at least $ 200 million , which are expected to be fully realized by the end of 2013 . the transaction is not expected to impact pfizer ' s 2010 financial guidance ( 2 ) . pfizer continues to expect to achieve its 2012 financial targets ( 2 ) .
a woman walks past the pfizer inc . headquarters in new york , january 31 , 2013 . reuters / brendan mcdermid
chief executive ian read in april said pfizer would need three years to evaluate whether to spin off the generic medicines .
) animal health business after investors offered to trade their pfizer shares for the company’s remaining majority stake in the unit .
in april 2012 pfizer sold its infant nutrition business to nestle sa nesn . vx for $ 11 . 9 billion .
british rules now require an enforced cooling - off period . astrazeneca could reach out to pfizer after three months and pfizer could take another run at its smaller british rival in six months time , whether it is invited back or not .


betfred is a uk-based bookmaker , founded by fred and peter done .

it was first established as a single shop in ordsall , salford , in 1967 .

its turnover in 2004 was more than £ 3.5 billion , having risen from £ 550 million in 2003 .

as of february 2016 , the company has 1,370 betting shops .

it has its head office is in birchwood , warrington .

the ceo for two years until september 2016 was john haddock , who started with the company as a regional manager in 1986 .

on his departure , chairman fred done assumed the ceo role .

fred done was the first ever bookmaker to pay out early ( i.e. before the result was guaranteed ) , when in march 1998 it paid out to gamblers who had bet that manchester united would win the premier league , only for arsenal to pip united by one point .

betfred also paid out early on manchester united to win the 2011 – 12 premier league title , only for manchester city to beat them on goal difference .

during the 2004 – 05 fa premier league season , done lost £ 1m to fellow bookmaker victor chandler after staking that amount that manchester united would finish higher than chelsea .

betfred

we are also the main sponsor of the betfred select stakes , betfred eclipse and the betfred gymcrack .
wanderers have confirmed a lucrative two - year sponsorship deal with gambling firm betfred .
acquired in 2011 for £265m , betfred and tote have continue to successfully grown .
betfred marketing detailed that jdg deep knowledge of the sport was needed in order to boost activation of its ‘betfred’s super league’ sponsorship , one of the bookmaker’s biggest marketing initiatives .
super league has new title sponsors after announcing a three - year deal with betfred .
betfred wants to continue using the tote name at the uk ' s 60 racecourses .
betfred will take over the tote ' s monopoly on pool betting at 60 uk racecourses and online , and will rebrand the tote ' s 517 high street outlets under the betfred name .
super league chief executive nigel wood said :
betfred is a well - recognised household name and i am delighted to welcome them to the sport as the new title sponsors of the betfred super league .
paul fisher , group managing director of jockey club racecourses , said : “i would like to thank betfred for their support of both races in recent years . betfred have been clear both partnerships performed very well for them .
uk - based bookmaker betfred has been chosen to buy the tote after an auction process that began in november .
wigan ' s man of the moment joe burgess is the betfred 7 / 2 favourite to be top try scorer in the 2017 super league . one of the new faces of the betfred - sponsored super league xxii , burgess has
jdg , a content marketing specialist , will promote betfred as title sponsor and best bookmaker for uk rugby league . the partnership sees betfred take up significant coverage on jdg’s urltoken portal , the uk’s biggest rugby league news and information website .
betfred replace previous sponsors spin and win – with the new deal worth “significantly more” according to sources at the club .
paul roy , chairman of the british horseracing authority , said the industry would do its best to work with betfred .
contract renewal with previous partner , betfred , has not been possible following british racing’s authorised betting partners’ initiative , said jcr .
betfred boss and entrepreneur fred done is delighted to be renewing his company’s links with wanderers after their return to the championship .
betfred , which is paying £265m , said it would look at ways of exploiting the public body ' s commercial potential .
as part of the deal , betfred will keep exclusive control of the pool betting system on uk racecourses for seven years .
however , despite writing city off this season , betfred has installed them as 7 / 4 favourites for the 2012 - 13 title .
betfred , which was established in salford in 1967 but is now based in warrington , is already the sponsor of the world snooker championship .
it ' s betfred cup quarter final week we ' re one tie away from knowing who will complete the semi final line - up .
betfred corporate enquiries for press enquiries please contact mark pearson – head of media 01925 288 591 / 07702 851 425 mark . pearson @ urltoken
the bloom may be off betting operator betfred ’s purchase of the tote as the uk racing industry considers launching a rival pool betting business .
the scottish professional football league has agreed a three - year deal with uk - based bookmaker betfred to sponsor the new - style league cup .
in recent years , betfred owner fred done has had a fractious relationship with uk racing . in december 2015 , done stated that his company could ‘walk away from the sport’ following the loss of betfred’s title sponsorship of cheltenham festival’s gold cup for not committing to uk racing’s ‘authorised betting partner’ scheme .
ken anderson said : “we are thrilled to have betfred on board as our official shirt sponsor who join our ever - increasing and high - profile partnership portfolio .
but barry nightingale , betfred ' s finance director and the man who led the bid , said the firm was committed to the industry for the long term .
betfred executive chairman fred done added that after the seven years were up ,
there ' s no reason why this can ' t go on forever
.
betfred are one of the most active sponsors of sport in and around the uk with a wide variety of sports and tournaments under the famous red and blue banner .
uk independent bookmaker betfred has hired sports media agency jdg sport to help optimise its title sponsorship of rugby league’s ‘2017 super league’ season ( start date 9 february ) .
betfred ' s executive chairman , fred done , said in a statement :
buying the tote has been an ambition for years , so i am absolutely delighted .
betfred has lost two major sponsorships – the cheltenham gold cup and the sprint cup festival at haydock park – through not being given authorised betting partners status by jockey club racecourses .
but we will now work with betfred and the government to ensure their commitments are delivered upon , both in relation to the tote and other areas of industry reform .
one of britain’s biggest betting shop chains , betfred , which also owns the tote pools betting business , has plunged into the red due to a decline in its digital operations .
betfred , which opened its first betting shop in salford in 1967 , are the seventh different title sponsor of super league since its formation in 1996 under the backing of stones bitter .
the times has revealed that a group of uk racing stakeholders are preparing to establish a rival pool - based betting system to betfred’s tote , as the sport looks for new revenue streams .
as part of the overall purchase , betfred was awarded an exclusive seven year licencse to operate pool betting at uk racecourses , tote’s 517 shops and the online arm of totesport . com .
mr done , who is 68 and is betfred ' s executive chairman , said buying the tote had been an ambition of his for many years and an opportunity he could not miss .
in may 2016 it was announced that betfred would take over sponsorship of the scottish league cup for 3 years rebranding it to the betfred cup . eight sections of five teams play in a round - robin format starting each july . the tournament involves 38 clubs with the exceptions being clubs involved in champions league or europa league qualifiers . the winners of the highland league and lowland league also partake in the competition that culminates with a final at hampden park in november . coverage of the betfred cup is provided by subscription channel bt sport and the current champions are celtic fc .
at the time of the tote sale , a number of racing stakeholders were critical of the government’s actions stating that betfred had been granted a ‘cheap pass’ to create a trackside monopoly on racing pools .
each week trevor baxter turns the spotlight on betfred super league stars and gets them to reveal a little more about their lives , often with surprising results . in this issue , he caught up with hull
hull kr head coach tim sheens is hoping new arrival todd carney can
hit the ground running
and help the club retain their betfred super league status for the 2019 campaign . rovers have been short
betfred ' s main rival in the auction was sport investments partners ( sip ) , a consortium led by the british airways chairman martin broughton , which was the preferred option of many in the industry .
“betfred enjoyed a great relationship with bolton whilst operating as the club’s official betting partner a few years ago and it’s great to be back at macron stadium but this time as title sponsors , ” he said .
to say i ' m chuffed to bits about the betfred sponsorship of super league would be an understatement . it has been absolutely brilliant - and i ' m so pleased i allowed myself to be persuaded to invest
in 2011 amid the ongoing financial crisis recovery , the uk government sold the tote to betfred for £265 million . uk racing received 50 % of the sale which was ring - fenced for the racing foundation charity .
gambling and racing minister john penrose said the government had
bent over backwards to deliver a good deal for racing
, but betfred could yet face a hostile reception from racecourse owners who favoured the rival bidder .
in an apparent battle between old and new money in the closely knit racing world , it is thought warrington - based betfred got the nod from ministers because its offer was less likely to breach state aid rules .
castleford tigers head coach daryl powell has ruled out a return to leeds rhinos ahead of the two sides ' meeting on sunday ( castleford 11 / 2 - betfred super league grand final outright ) . leeds took the decision
we use cookies in order to give you the best possible browsing experience , by continuing to use this site you are giving consent to our use of cookies on betfred websites in accordance with our cookie policy . more info
the deal with betfred , who also sponsor the world snooker championship , is thought to be worth between £850 , 000 and £900 , 000 a year , compared to around £750 , 000 a year from first utility .
his betfred business , which he founded from a single shop in salford in 1967 , beat off competition from a consortium led by british airways chairman sir martin broughton to land the on - course and betting shop chain .
betfred also claimed its deal was worth £45 million more to the industry than the rival consortium and said it had signed an undertaking that there will be no more than 150 staff cuts in the first year following completion .
accounts just filed for its parent firm for the year to september 27 , 2015 show that customers at betfred’s 1 , 402 shops and online gambled £10 . 4 billion , resulting in a net turnover of £526 million .
betfred are on the road to wembley after agreeing to sponsor the shirts of non - league afc fylde in their fa cup second - round tie which will be broadcast live on friday . past winners of the world ' s
that could help ease some concerns that betfred is more interested in the 500 betting shops than the on - course side . it has also agreed to pay a minimum of £65 million to the industry over the next seven years .
betfred has pledged to keep job losses for the next 12 months to less than 150 of the 9 , 000 headcount for the new combined business . it said a lot of those job losses would be concentrated in the north west .
monday ' s 2 - 0 win over blackburn rovers moved united five points clear of manchester city and betfred ' s fred done has risked the ire – and possible ridicule – of the blue half of manchester by declaring the race already over .
i have met with owner fred done , who is passionate about rugby league and we look forward to working closely with him , everyone at betfred and our member clubs to continue to increase the visibility of our sport over the next three years .
led by the jockey club and arena racing company ( arc ) , it is understood that 56 of the 60 uk racetracks have committed to the tote rival venture which will aim to launch its services by 2018 when betfred’s exclusive pools licence runs out .
betfred’s £265m deal for the tote gave it an exclusive right over race pool betting in the uk until 2018 . but the mail on sunday reported that major uk racing stakeholders including the jockey club and racecourse media group had begun exploring their post - 2018 options .
a betfred spokesman said the company wasn’t in a position to comment on the report . the company’s purchase of the tote required it to remit £9m per year back to racing , a sum the company says it routinely exceeds by as much as 50 % each year .
we are one of the largest sponsors of uk horse racing with around 700 races spread across a host of courses including the midlands national at uttoxeter racecourse , the dante stakes at york racecourse and the betfred cesarewitch on the rowley mile course at the home of british racing ; newmarket racecourse .
in 2005 betfred became sponsors of the group one sprint cup at haydock park . the race is run over the minimum distance of five furlongs . the sponsorship ended in 2016 and we also sponsored the most prestigious national hunt race , the cheltenham gold cup , between the years of 2012 and 2015 .
betfred sponsored the world snooker championships between the years of 2009 - 2012 . in 2015 it was announced that we were to once again become the sponsors of the tournament and increase the winner’s prize money to £425 , 000 . the current champion is mark williams who defeated john higgins earlier this year .
in 2017 , betfred began a three year period as the main and title sponsor of rugby league’s super league . the league is the northern hemisphere’s premier rugby league competition featuring 12 teams spread across england whilst also featuring the catalans dragons who are based in perpignan , france . the season finishes with the grand final that has been held at old trafford since 1998 . the current champions are the leeds rhinos who defeated the castleford tigers in october 2017 . in june 2017 , betfred was confirmed as the new official shirt sponsors of championship side bolton wanderers in an agreement which will initially last for two years .
paul roy , chairman of industry regulator the british horse racing authority , said the decision was
not our preferred outcome
, but added it would
now work with betfred and the government to ensure their commitments are delivered , both in relation to the tote and other areas of industry reform .
the racecourse association , the owners ' lobby group and opponent of the tote sale , added :
the racecourses are businesses , run by business people , and the task for them now is to sit down with betfred with a view to negotiating acceptable commercial terms both for racing and for the individual courses .
taking on the tote shops , which are to rebranded , will make betfred a sizeable player in the uk bookmaking industry . the deal will increase the size of its estate to more than 1 , 350 shops and make it a
fourth force
in the bookmaking industry behind gala coral , william hill and ladbrokes .
petfre ( gibraltar ) limited , trading as betfred , is licensed and regulated by the uk gambling commission . license number 39544 petfre ( gibraltar ) ltd registered office is at 5 / 2 waterport place , gibraltar , with registered company number 99314 . copyright 2011 petfre ( gibraltar ) ltd . all rights reserved . account holders must be 18 or over .
gemma strath , group head of marketing at betfred , commented on the partnership : “love rugby league have been engaging with rugby league fans for many years and as such , it made perfect sense for us to work together in this our inaugural year as super league sponsors . doing so allows us to get closer to fans of the sport and build strong relationships moving forward . ”
racing ' s customers , the punters , see it as racing ' s bookmaker and i think one of the challenges for betfred - which again is a company that i do respect - is to convince punters , as well as racing , that he ' s going to run the tote for the benefit of racing as well as for the benefit of his own business .
the timing could be coincidental , but the news comes after betfred boss fred done took a typically defiant stance towards racing’s new authorized betting partner ( abp ) scheme , which limits racing sponsorship to operators who remit a certain portion of online betting revenue back to racing . in december , done said relations between betting and racing were “worse than they’ve ever been . there’s no trust . ”
jdg sport md james gordon backed betfred as partner : “from our first meeting , we recognised there were some great opportunities and , with both companies being based in warrington , it lends itself well to a positive and developing working relationship . we cannot wait for the new rugby league season with such a great partner on board , whose input will allow our great team of journalists led by john davidson in continuing to deliver exclusive news and feature content . ”
a manchester united - supporting bookmaker has tempted fate once again by paying out on his side retaining the premier league title – even though there are still seven games remaining this season .
done lost £500 , 000 in 1998 when he was the first bookmaker to pay out early on the league winners . united were 12 points clear of arsenal at the time , but went on to lose the title by one point .
back in 1998 fergie told me to never pay out early again but sir alex need not worry , i ' ve not got it wrong this time ,
he said .
united are past the post for a record 20th title . even with the derby to come a five point lead is just too much for city .
© 2018 guardian news and media limited or its affiliated companies . all rights reserved .
this season ' s competition , won for the first time by ross county , was sponsored by energy firm utilita from the quarter - final stage onwards .
next season , it will revert from a straight knock - out competition to a group - stage format in the first round .
eight sections of five teams will play the round - robin , starting in july .
it will involve 38 clubs not involved in champions league or europa league qualifiers , plus the winners of the highland league and lowland league .
it is also heavily involved in the horse racing ' s grand national and in greyhound racing .
the scottish league cup has previously been sponsored by coca - cola , skol lager , bell ' s whisky , co - operative insurance and the qts group .
county defeated hibernian 2 - 1 in this season ' s final at hampden park .
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urltoken
online gambling has been a contentious issue all over the world for many years now . some countries took a stance of being against the presence of online gambling . however , with time they found that it was impossible to police , and that they were fighting a losing battle . they internet is awash with opportunities to gamble illegally online , and the governments of said countries eventually realised that they could not control the presence of online gambling within their borders . most countries have since moved to allow legal online gambling .
the successful online gambling team are here to help you find out all you want to know about how to make money betting on the internet . find out about successful online gambling tournaments .
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croatia ' s domagoj vida can play against england in wednesday ' s world cup semi - final despite featuring in a pro - ukraine video . fifa said it had issued the besiktas centre - back , 29 , with a warning .
midfielder eric dier believes england ' s run to the world cup semi - finals is healing the scars of their embarrassing , morale - sapping euro 2016 defeat v iceland - but insists their campaign in russia cannot be hailed a success yet .
rafael nadal into the wimbledon quarter - finals after a 6 - 3 6 - 3 6 - 4 victory over jiri vesely .
| croatia coach zlatko dalic says fatigue will not be an issue against england and they are ready to give everything they have got . . .
jack wilshere has joined west ham on 3 - year deal - the club he supported as a boy . the 26 - year - old england midfielder ' s contract with arsenal ended in june . he said :
it feels special . many people know that i ' ve had a special bond with this club growing up .
| hugo lloris has dismissed the betting for the world cup and insists belgium should be considered the favourites . . . tap
serena williams reaches her 13th wimbledon quarter - final after beating evgeniya rodina 6 - 2 6 - 2 .
midfielder james mcclean has failed to report to west brom ' s training camp in scotland .
- - - roger federer cruises into the quarter finals with a straight set victory over adrian mannarino . # wimledon urltoken
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holders celtic , rangers and hibs are through and motherwell and aberdeen bring the last eight action to a close on thursday .
holders celtic defeated dundee on wednesday rangers edged past partick thistle at firhill to get the ball rolling just days after the action - packed meeting between the same two sides in the premiership . hibs squeaked past livingston to book their place in the final four .
the last four draw will be made on thursday , september 21 , immediately after the motherwell vs aberdeen quarter final at fir park .
that means it should begin around 10pm although , if the match goes to extra time and penalties , it could be a good bit later .
right here at record sport online . we will be blogging the quarter final matches including thursday ' s clash between motherwell and aberdeen . then we will follow that with the draw for the semi finals .
it ' s also being beamed live on bt sport 1 if you happen to have the telly on .
what is at stake for the semi finalists . . . and indeed the winners ?
transfer talk transfer news live as umar sadiq hints he ' s on his way to rangers all the latest news , rumours and gossip from the summer window in your one - stop transfer talk shop .
football news steven gerrard has rangers playing like the italian world cup winners of 1982 - hotline michael gannon answered your calls and it ' s fair to say there were one or two outlandish suggestions made by fans .
aberdeen fc show racism the red card call for full investigation into shay logan racial abuse claims aberdeen full - back alleged he was racially abused by some celtic fans following his side ' s victory at parkhead in may .
manchester city fc celtic and rangers among bookies favourites to sign manchester city goalkeeper joe hart the former west ham and torino loanee is expected to leave the etihad again this summer .
dunfermline athletic fc willo flood ' s move to bali collapses as red tape ends dream move flood ' s time in indonesia ends just three days after he signed following his decision to quit dunfermline after nine days .
celtic fc 5 things we spotted as scott brown trains ahead of celtic ' s clash with alashkert brendan rodgers ' side will kick - off their champions league qualifying campaign in yerevan on tuesday night .
brendan rodgers brendan rodgers admits celtic will face difficult conditions in champions league clash with alashkert temperatures in armenia are set to hit the mid - 30s when the hoops kick off their qualifying campaign on tuesday .
celtic fc what channel is alashkert vs celtic ? live stream , tv and kick - off details the hoops head to armenia for their opening champions league qualifier and here ' s all you need to know .
glasgow city of glasgow contains the 10 most deprived areas in britain researchers used census data from 1971 to 2011 and discovered all the most deprived places in this period were in scotland ' s largest city .
royal alexandra hospital teenager dies in loch lomond near luss the drowning of a 17 - year - old is the second fatality on the loch in less than a week .
alesha macphail alesha macphail’s heartbroken mum breaks silence to thank bute residents for support georgina lochrane posted an emotional message for locals on social media .
michael jackson michael jackson death doctor claims pop icon was ' chemically castrated by his dad to keep high voice ' conrad murray - who was convicted of involuntary manslaughter over the king of pop ' s death - has spoken out after joe jackson ' s death last month .
babies danone probe claims new aptamil baby milk formula has left tots feeling sick the french company said it takes reports of youngsters becoming ill after drinking the milk ' very seriously ' .
brexit boris johnson says theresa may brexit plan will leave uk a ' colony ' of european union in his resignation letter the former foreign secretary says the uk is now heading for a
semi - brexit
under the prime minister .
fatal fires grenfell tower firefighter reveals how he thought he ' d die trying to save child from burning building christopher dorgu was on the 20th floor when he started running out of oxygen while searching for a 12 - year - old girl .
uk government jeremy hunt new foreign secretary after boris johnson quits over brexit the former health secretary accepted the role left by johnson who plunged the government into crisis with his decision to step down .
glasgow cops hunt shaven - headed thug after bigot attacks priest during orange order march canon tom white was spat on and verbally abused as the orange parade marched past st alphonsus’ church in glasgow on saturday .
theresa may can prime minister theresa may survive after boris johnson and david davis quit over brexit ? the tory leader ' s premiership has been plunged into a fresh crisis after her foreign and brexit secretary walked out her cabinet .
gun crime shock video shows gunman shooting at female driver stuck in rush hour traffic in london the gunman walks up to the window of the vehicle and tries to kill the driver who somehow managed to avoid the bullets .
cystic fibrosis cystic fibrosis battler in desperate plea for drug that could prolong her life laura ewing says ' no 26 - year - old should be planning their funeral ' .
internet trolls ' football is coming home , guess what isn ' t ? ' scots teen trolled with sick jibe at her dead dog after taunting england fans the glasgow teenager received a harsh backlash when she said she wanted ' dreams shattered ' .
brexit theresa may ' s tory government faces total collapse after boris johnson and david davis quit the resignations of the two big hitters put the prime minister on course for a showdown with the hard - brexiteers in the conservative party .
we too are the proud , official sponsors of nottingham , sheffield and kinsley dog tracks and thoroughly enjoy promoting the sport to our customers .
if you can’t find what you need , then please fill out the contact form . someone will review your contact and follow - up shortly .
for sponsorship enquiries contact steve jones – head of sponsorship 01925 288500 steve . jones @ urltoken
for property enquiries please contact stuart divitt – head of development 01925 288500 stuart . divitt @ urltoken
this time next week i ' ll be flying off to france with the england youth under16s side to play two test matches against their french counterparts . i have thoroughly enjoyed working with these lads over the
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the racecourse group has announced that partnership rights for these events are now available from 2016 .
the group has chosen to support the initiative by not agreeing new commercial deals with betting firms that are not already considered authorised betting partners or who do not agree to include a clause in new contracts requiring that status in the future once the initiative is up and running in 2016 .
as supporters of the authorised betting partners initiative we recognised there may be some effect on current partnership arrangements , but it is essential for british racing is to do everything necessary to secure sustainable funding for the future we want for the sport . that will be to the benefit of all working in british racing and also the betting industry for whom racing is a vital seven - days - a - week product .
meanwhile , betfair is the new headline partner of sandown park’s grade 1 tingle creek chase and the london national after using its status as a founding authorised betting partner of british racing to reach agreement to expand its sponsorship portfolio with jcr .
this is the first new commercial partnership for jcr with a betting operator since recently announcing it will enter into new agreements only with authorised betting partners – those who are making a fair contribution to british racing through appropriate funding agreements with the sport .
simon bazalgette , group chief executive of the jockey club , said : “betfair is a major supporter of british racing and the jockey club is delighted to expand our relationship together on account of their status as a founding authorised betting partner of our sport . this is further endorsement of that initiative so soon after its introduction .
“through its long - term commercial arrangements with british racing , betfair has recognised the importance of the sport receiving fair returns and the resulting benefits this , as well as opportunities such as race sponsorship , provides to their business . ”
the company will have their logo emblazoned on the front of the club’s shirt for the next two seasons and will also take up additional branding at the macron stadium .
“they are one of the leading betting brands in the uk but have never forgotten their roots which are firmly entrenched in the north west .
“i have been looking to get more involved in football and , following their return to the championship , i sense that bolton are on the verge of exciting times again .
“bolton have shown a real willingness to work with us and i have been impressed at the way that this deal has been completed . ”
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the betting company takes over from first utility , whose three - year contract ended after last saturday ' s grand final at old trafford .
the announcement marks a complete u - turn by the governing body , coming five years after super league clubs voted narrowly to reject an offer from betfair thought to be worth £750 , 000 a year .
now betting companies will have their names attached to both major competitions , with ladbrokes sponsoring the challenge cup as well as the 2016 four nations series .
finally we would also like to pass on our sincere thanks to first utility for their support of rugby league for the previous three years .
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the racing post reports that former gala coral chairman neil goulden is leading the new racing pools project which has gained support from numerous high - powered racing stakeholders .
backers of the venture , which will not be allowed to be branded as a ‘tote’ product , have detailed that a successful system could double pool betting contributions to uk racing .
speaking to the times , racing ceos martin cruddace ( arc ) and simon bazalgette ( jockey club ) personally backed the project stating that racing needed to revamp its pool system with better centralized operations and flexibility for racecourse owners .
furthermore , done has been publicly critical of racecourse owners funding strategy for the sport , stating that their plans made no economic sense .
in 2018 a brand new digital offering including an app and an improved website were fully updated to ensure the products stay at the leading edge of the industry .
horse racing will receive £90m from the sale and £90m will go to the taxpayer .
in return , it has committed to paying the racing industry £11m to march 2012 , with payments of £9m a year for the next six years of the licence .
but there have been warnings that changes to the way that money is distributed could threaten the number of racetracks in the uk .
we ' ve got 60 racetracks . what happens is the tote basically subsidises the smaller tracks because the money the tote makes on any particular day is shared between all the tracks ,
racing journalist neil clark told the bbc .
that ' s under threat so i fear that in , say , 10 years ' time we ' ll have a sort of premier league system and some of the smaller tracks will close down , which would be a great shame .
we ' re investing in the tote , we ' re going to be engaging with racing to create a lasting legacy and we will be involved in running the tote for a long , long time ,
he said .
the new business will remain the country ' s fourth - biggest chain of betting shops with a new total of 1 , 350 outlets , behind leaders ladbroke and william hill who have more than 2 , 000 each and third - placed gala coral .
the previous government had an offer of £400m on the table and rejected it . to finish up with half of that . . . seems rather odd
the sale is subject to consultation with the tote ' s employees and is expected to be completed in about four to eight weeks ' time .
the initial agreement signals the end of a 14 - year attempt by governments to privatise the betting group , which employs more than 3 , 500 staff .
the culture secretary , jeremy hunt , said :
it was a closely fought contest .
the £265m sale price is about a third lower than the £400m first offered by a consortium of racecourse owners in 2007 .
that was turned down by the then - labour government because it was backed by private equity .
the consortium reformed and made another offer , believed to be about £320m , which was also rejected for not being enough .
an earlier sale attempt ended in 2006 after the european commission said that the price was too low and tantamount to state aid .
the tote specialises in pool betting , which differs from that offered by other bookmakers .
the tote takes a percentage of stake money placed . of this percentage , some is used to cover the tote ' s expenses while the rest goes to the racing industry .
the tote is an opportunity i just could not miss . over the coming months i will develop the tote ' s relationship with the sport into a highly successful commercial partnership .
but some are said to be less happy to provide these facilities to a private company .
our support for the sip bid has been well documented and naturally today ' s announcement was not our preferred outcome ,
he said .
stephen atkin , the chief executive of the racecourse association , said taking over the tote would be a difficult task .
the gambling and racing minister , john penrose , said the government had
bent over backwards to deliver a good deal for racing
.
he added :
most people can ' t understand why , in the modern world , the government should be even part owner of a bookie . so we pledged last year to end years of dithering and resolve the future of the tote , and today we have done just that .
the tote was set up 83 years ago by winston churchill to provide a safe haven for punters , as it was controlled by the state and beyond the reach of illegal bookmakers .
theresa may moves to shore up her position after a day of high profile resignations over her brexit strategy .
veteran bookmaker fred done secured horseracing ' s ultimate prize today by agreeing a £265 million deal to buy the tote from the government .
the taxpayer and the racing industry will each get £90 million from the sale proceeds , with the government finally ridding itself of a business that it has wanted to privatise for more than a decade .
some owners are said to be unhappy at allowing a private owner of the tote automatic access to their facilities .
wigan - based tote has 517 shops , an online business and an on - course pool betting business which operates at all uk racetracks and was set up by an act of parliament in 1928 . it employs more than 4 , 000 people and last year injected around half its profits back into the industry .
he said :
i love racing and i believe we have the greatest in the world . over the coming months i will develop the tote ' s relationship with the sport into a highly successful commercial partnership .
however , a spokesman said the deal was not about cost - cutting but awakening a
sleeping giant
.
the bookmaker also committed to the establishment of a tote racing development board , which will involve the course owners and others in the industry and develop the pool betting operation .
rival bidder sip , which was backed by leading players in the racing industry , expressed disappointment at losing a battle that became increasingly acrimonious in recent weeks .
sir martin broughton of sip said :
we are extremely disappointed that the government has rejected our proposal and will be carefully reviewing the details of the decision .
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bt hikes the cost of holding on to their email address to £7 . 50 a month for former customers
help ! my mother ' s will is being flouted and my stepfather ' s daughters have got everything . what do i do ?
an artist ' s dream inspiration ! home of impressionist painter lucien pissarro goes on sale for £2 . 96m - complete with a studio and blue plaque
stobart tycoon fired again ! ex - chief is voted back in . . . only to be fired a second time as board spat heads to court
the hottest spot north of havana . . . my £705 taxi on the copacabana : tony hetherington investigates
but betting taxes , machine gaming duty , the horse - racing levy and an £80 . 4 million exceptional write - down meant the privately - owned firm recorded a pre - tax loss of £82 . 4 million .
increased customer numbers and a higher stake per bet lifted turnover , but results were hit by increased uk gaming taxes and lower margins due to a series of unfavourable results .
was ladbrokes ruling leaked ? traders bet big ahead of £2 . 2bn . . .
don ' t bet on beating us , say bookies in row over gambling . . .
‘the online business through urltoken and tote urltoken has felt the most significant impact of these challenges , with a significant decline in earnings , ’ said the company in the notes to the accounts .
bt hikes the cost of holding on to their email address to . . .
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midas share tips : jam today . . . bakery firm cake box is a treat for investors with shares likely to rise
midas share tips update : bt has been a dog . . . but at least it ' s ringing the changes
evenlode global income : we think differently from the city . . . it ' s the chipping norton effect
jpmorgan asian investment trust : 6 , 000 miles apart . . . but the investment marriage between these two managers works
the racing stakeholders have reportedly set up a steering group to consider the possibility of a tote alternative . the group plans to invite other racing bodies and leading uk bookmakers to join their discussions and talks have already been initiated with potential technology providers and international race betting outfits .
the mail ’s sources claimed the push for a tote alternative wasn’t about revenge , insisting that the stakeholders believed “a racing - owned tote would return more money to racing as well as revitalize a product which is looking rather old and tired now . ”
the ayre media group is based in antigua in the west indies with teams in london , manila and vancouver covering the global gambling industry . along with ensuring fair coverage of the gambling industry we highlight the great work of the calvin ayre foundation .