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Download Switzerland Report - The European Times

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Canton of Zurich<br />

Pfizer <strong>Switzerland</strong> is based in the<br />

canton of Zurich, unlike many global<br />

pharmaceutical enterprises which<br />

chose Basel as their base in <strong>Switzerland</strong>.<br />

Explaining why Pfizer picked<br />

Zurich, Dr. Ralph Studer says, “Zurich<br />

is one of the world’s cities with the<br />

highest quality of life. With our<br />

<strong>European</strong> headquarter for the “Established<br />

Products”-part of the business<br />

located in Zurich, we profit from a<br />

high-level infrastructure, including<br />

close proximity to the airport<br />

(approximately 10 minutes) and<br />

many competitive advantages. Zurich<br />

is an exceptionally friendly environment<br />

for global companies. We have<br />

political stability here, with incredibly<br />

favorable working conditions. <strong>The</strong>re<br />

are many positive points.”<br />

Support for local initiatives<br />

Pfizer <strong>Switzerland</strong> has formed a<br />

number of local alliances, including<br />

with the University of Zurich and its<br />

Pfizer research foundation has made<br />

major investments in local life sciences<br />

initiatives. “We have invested €3.3<br />

million (CHF4.75 million) * in award<br />

money for research achievements to<br />

date. We grant an annual award of<br />

€20,920 (CHF30,000) * up to €83,682<br />

(CHF120,000) * distributed to local<br />

scientists who are particularly innovative<br />

in their respective fields,” Dr.<br />

Ralph Studer points out. Pfizer <strong>Switzerland</strong><br />

also supports the Swiss Heart<br />

Foundation.<br />

Partnering in research efforts<br />

Pfizer, both in <strong>Switzerland</strong> and<br />

worldwide, will continue to focus on<br />

research and development, both on<br />

its own and in partnership with other<br />

companies. Dr. Ralph Studer explains,<br />

“We build business development partnerships<br />

with other organisations<br />

to find innovative technologies and<br />

common ways of working together<br />

*<br />

Exchange rate by April, 2010: 1e=1.434 CHF; 1e=1.340 US$<br />

and furthering research in all areas of<br />

life sciences.”<br />

Dr. Ralph Studer is very positive<br />

about Pfizer’s future. He notes that<br />

the company, both in <strong>Switzerland</strong><br />

and worldwide, works closely with<br />

local authorities and has developed<br />

long-term strategies which continue<br />

to focus on innovation. He says,<br />

“We are committed to growth, and<br />

we are prepared for the future. In<br />

<strong>Switzerland</strong> we have one of the best<br />

healthcare systems, due to the development<br />

of drugs and innovation in<br />

the pharmaceutical industry, and<br />

also because of our significant investment<br />

in research and development of<br />

approximately €5.8 billion (US$7.8<br />

billion) * worldwide. This will allow us<br />

to continue to adapt to the industry’s<br />

ever evolving market.”<br />

Concerning the particular role Pfizer<br />

<strong>Switzerland</strong> will play in the coming<br />

years, Dr. Ralph Studer says, “Pfizer<br />

Pfizer Building © Eduard Hueber/archphoto.com<br />

has the commitment to put the<br />

patient and the customer in the centre<br />

of everything we do and to leverage<br />

on the knowledge and the synergies<br />

of all countries across Europe. We<br />

try to contribute with positive signals<br />

from <strong>Switzerland</strong> throughout the<br />

region. We believe in working with<br />

other leading sectors and institutions,<br />

because we know only by doing this we<br />

can truly prosper in the international<br />

community.”<br />

Pfizer AG<br />

Schärenmoosstrasse 99<br />

CH-8052 Zürich<br />

<strong>Switzerland</strong><br />

Tel. +41 (0)43 495 71 11<br />

Fax: +41 (0)43 495 72 80<br />

info.ch@pfizer.com<br />

www.pfizer.ch, www.pfizer.com<br />

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