
Celebrex (celecoxib) is owned by Pfizer Inc. (NYSE: PFE), which acquired full ownership through its 2003 purchase of Pharmacia Corporation. The drug was originally discovered and developed by G.D. Searle & Company, a subsidiary of Monsanto, and was co-promoted with Pfizer starting in 1998. Pfizer is headquartered in New York and trades on the NYSE under PFE.
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Celebrex | Pfizer Inc. | Brand division |
Celecoxib was discovered by a research team at G.D. Searle & Company led by John Talley. Searle was a subsidiary of Monsanto at the time. The compound was designed to selectively inhibit cyclooxygenase-2 (COX-2), an enzyme involved in inflammation, while sparing COX-1, which protects the stomach lining. This selectivity aimed to reduce the gastrointestinal side effects associated with traditional NSAIDs.
Philip Needleman, who served as vice president of Monsanto in 1989 and president of Searle in 1993, oversaw the COX-2 research program that led to celecoxib's development. The research built on work by Daniel L. Simmons of Brigham Young University, who discovered the COX-2 enzyme in 1988. BYU entered a collaboration with Monsanto to develop COX-2 inhibitors, which later resulted in a patent dispute settled in Pfizer's favor for $450 million in 2012.
The FDA approved Celebrex on December 31, 1998, for the treatment of osteoarthritis and rheumatoid arthritis. At launch, Searle priced the drug at $2.42 per day, positioning it as competitively priced relative to other branded NSAIDs. Pfizer co-promoted the drug in the United States alongside Searle's parent company Monsanto. Outside the U.S. (except Japan), Pfizer handled development and marketing.
Celebrex became the most successful new pharmaceutical launch in history at the time. Within weeks of its introduction, it was prescribed to more than 35 million patients worldwide. The drug received additional FDA approvals for acute pain and dysmenorrhea in subsequent years.
In April 2000, Pharmacia & Upjohn completed a merger with Monsanto and Searle, creating Pharmacia Corporation. Pharmacia continued the co-promotion agreement with Pfizer for Celebrex. In July 2002, Pfizer announced its $60 billion acquisition of Pharmacia. The deal closed on April 16, 2003, giving Pfizer full ownership of Celebrex.
Celebrex's U.S. patent expired in 2013, opening the market to generic celecoxib competitors. The drug remains on the market as both a branded and generic product.
What does Pfizer own?
Pfizer owns a portfolio of prescription medicines and vaccines spanning oncology, cardiovascular, immunology, vaccines, and rare diseases. Key products include Eliquis (anticoagulant), Prevnar (pneumococcal vaccine), Ibrance (breast cancer), Vyndaqel (rare heart disease), Paxlovid (COVID-19 antiviral), Comirnaty (COVID-19 vaccine, with BioNTech), and Abrysvo (RSV vaccine). The 2023 acquisition of Seagen added oncology antibody-drug conjugates including Padcev, Adcetris, and Tukysa. The 2025 acquisition of Metsera added obesity treatment candidates to the pipeline.
Is Pfizer publicly traded?
Yes, Pfizer Inc. is listed on the New York Stock Exchange under ticker PFE. The company has been publicly traded since 1944. Pfizer has no single controlling shareholder, with major institutional holders including Vanguard Group, BlackRock, and State Street. Pfizer is a component of the Dow Jones Industrial Average and the S&P 500.
Who founded Pfizer?
Pfizer was founded in 1849 in Brooklyn, New York by Charles Pfizer and his cousin Charles Erhart. Charles Pfizer was a German-born chemist who emigrated to the United States. The company's first product was santonin, an antiparasitic agent. Pfizer's breakthrough into modern pharmaceuticals came during World War II when the company developed large-scale penicillin production using deep-tank fermentation.
Where is Pfizer headquartered?
Pfizer is headquartered in New York City, New York, USA. The company maintains its principal executive offices in Midtown Manhattan. Pfizer operates manufacturing facilities in the United States, Belgium, Ireland, the United Kingdom, Germany, Japan, China, India, and Brazil, and sells products in more than 125 countries worldwide.
How many products does Pfizer sell?
Pfizer sells dozens of prescription medicines and vaccines across multiple therapeutic areas. The company's portfolio includes products in oncology, vaccines, cardiovascular, immunology, rare diseases, and hospital products. Several of Pfizer's products each generate over $1 billion in annual revenue, including Eliquis, Prevnar, Ibrance, and Vyndaqel. The company's research pipeline includes hundreds of compounds in various stages of clinical development.
Who owns Pfizer?
Pfizer Inc. is publicly traded on the NYSE with a broad institutional and retail shareholder base. No single shareholder holds a controlling stake. Major institutional shareholders include Vanguard Group, BlackRock, and State Street. Albert Bourla serves as Chairman and CEO. Pfizer has no founding family or private equity controlling shareholder.
What is Pfizer's financial performance?
For full-year 2025, Pfizer reported revenue of $62.6 billion, a 2% decrease from $63.6 billion in FY2024. Excluding COVID-19 products (Comirnaty and Paxlovid), revenue grew 6% operationally. Net income was $7.77 billion, down 3% from $8.03 billion. Adjusted diluted EPS was $3.22, up 4% from $3.11. Net cash from operations was $11.7 billion. For FY2026, Pfizer projects revenue of $59.5 to $62.5 billion and adjusted diluted EPS of $2.80 to $3.00.
Celebrex is manufactured and distributed under Pfizer's corporate ESG framework. Pfizer's sustainability and ethics practices cover environmental targets, clinical research standards, and patient safety protocols.
Environmental Targets: Pfizer has committed to achieving net-zero greenhouse gas emissions across its operations by 2040. The company was the first in the pharmaceutical sector to have its climate target validated by the Science Based Target initiative. Pfizer exceeded its third-generation GHG reduction goal, achieving a 33% reduction from its 2012 baseline.
Clinical Research Ethics: Pfizer conducts clinical trials under FDA regulations and international standards including ICH-GCP guidelines. The company reports trial results publicly through ClinicalTrials.gov. Celebrex has been studied in long-term cardiovascular safety trials including the PRECISION trial, which compared Celebrex to naproxen and ibuprofen in patients with arthritis at high cardiovascular risk.
Patient Safety: Pfizer maintains pharmacovigilance systems for monitoring adverse events. Celebrex carries a boxed warning for cardiovascular and gastrointestinal risks, as required by the FDA for all NSAIDs. The drug's prescribing information includes contraindications for patients with known hypersensitivity to celecoxib, sulfonamides, or other NSAIDs.
Drug Pricing and Access: Pfizer offers patient assistance programs for eligible individuals who cannot afford their medications. The company also participates in drug donation programs in developing countries. Celebrex is available as a generic since the 2013 patent expiration, which has reduced costs for patients.
Cardiovascular Safety Concerns (2004-2005): After Merck withdrew Vioxx (rofecoxib) from the market in September 2004 due to increased cardiovascular risk, the FDA conducted extensive safety reviews of all COX-2 inhibitors, including Celebrex. The APC trial, sponsored by the National Cancer Institute, found that patients taking 400 mg of Celebrex twice daily had a 3.4-fold increased risk of cardiovascular events compared to placebo. Celebrex was not withdrawn, but the FDA required a boxed warning.
FDA Boxed Warning (2005): The FDA required Pfizer to add a boxed warning to Celebrex's label regarding cardiovascular and gastrointestinal risks. The agency also required Pfizer to conduct the PRECISION trial, a long-term cardiovascular safety study comparing Celebrex to naproxen and ibuprofen in arthritis patients at high cardiovascular risk. The PRECISION trial results, published in 2016 in the New England Journal of Medicine, found that Celebrex was non-inferior to naproxen and ibuprofen for cardiovascular safety.
Prescription Decline: Following the Vioxx withdrawal and FDA regulatory actions, Celebrex prescriptions declined significantly from peak levels. Many healthcare providers switched patients to traditional NSAIDs or alternative pain management approaches. The medication's market share decreased substantially in the years following 2004.
Litigation: Pfizer faced numerous lawsuits related to Celebrex's cardiovascular safety. Plaintiffs claimed that Pfizer failed to adequately warn patients and healthcare providers about cardiovascular risks. Pfizer resolved many of these cases through settlements. The exact financial details of most settlements were not publicly disclosed.
BYU Patent Dispute (2006-2012): Brigham Young University sued Pfizer in 2006, claiming breach of contract over royalty payments related to the COX-2 research collaboration between BYU and Monsanto. The case was settled in April 2012, with Pfizer agreeing to pay $450 million to BYU.
University of Rochester Patent Case (2004): The University of Rochester sued Searle (later Pfizer) over a patent covering methods of inhibiting COX-2. The U.S. Court of Appeals for the Federal Circuit ruled in favor of Searle in 2004, holding that the university's patent was invalid because it did not describe a specific compound that could inhibit COX-2.
Current Status: Celebrex remains on the market with a boxed warning and restricted usage guidelines. The drug is prescribed with caution for patients with existing cardiovascular risk factors. Generic celecoxib has been available since the 2013 U.S. patent expiration.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Kenvue | USA | 1974 | Mass market | Global | All Genders | |
| Haleon | United Kingdom | 1976 | Mass market | Global | All-ages |
Healthcare PharmaceuticalsOwned by Kenvue
American brand of ibuprofen pain relief medication owned by Kenvue, the consumer health spinoff from Johnson & Johnson, which is being acquired by Kimberly-Clark in a $40 billion deal announced in November 2025.
Healthcare PharmaceuticalsOwned by Haleon plc
Over-the-counter topical anti-inflammatory pain relief brand containing diclofenac, owned by Haleon plc (LSE/NYSE: HLN) since its July 2022 spinoff from the GSK and Pfizer consumer health joint venture. Haleon reported 2025 revenue of GBP 11.0 billion with Voltaren growing low-single digit through patch launches in Europe and China expansion.
Market Positioning: Celebrex competes with 2 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Looking for brands with different ownership structures? These similar brands are not owned by Pfizer Inc., giving you alternative choices that support different corporate structures.
Healthcare PharmaceuticalsOwned by Chempro Chemists
Australian online pharmacy operated by Chempro Chemists from Molendinar, Queensland. Offers prescription medications, health products, and wellness items through digital platforms and mail-order delivery.
Pharmacy Direct is privately owned, unlike Celebrex which is under a publicly traded parent company.
Healthcare PharmaceuticalsOwned by EKR Therapeutics, Inc.
Retavase (reteplase) is a prescription thrombolytic medication indicated for acute ST-elevation myocardial infarction. Administered as two 10-unit intravenous bolus injections 30 minutes apart. Currently marketed by Chiesi USA.
Retavase is privately owned, unlike Celebrex which is under a publicly traded parent company.
Healthcare PharmaceuticalsOwned by IBSA Institut Biochimique S.A.
IBSA Institut Biochimique SA's branded levothyroxine softgel capsule (Tirosint) and liquid solution (Tirosint-SOL), FDA approved for hypothyroidism, formulated without dyes, gluten, lactose, alcohol, or sugar, providing an excipient-free alternative to conventional levothyroxine tablets for patients with sensitivities or absorption issues.
Tirosint is privately owned, unlike Celebrex which is under a publicly traded parent company.
Healthcare PharmaceuticalsOwned by Alcon Inc.
Independent publicly traded global eye care company headquartered in Geneva, Switzerland, specializing in surgical equipment, contact lenses, and ophthalmic products. Spun off from Novartis in April 2019.
Alcon operates independently without a large parent corporation.
Healthcare PharmaceuticalsOwned by Bausch + Lomb Corporation
Global eye health company and contact lens manufacturer founded in 1853, known for ULTRA, Biotrue One Day, and INFUSE lens lines. Public on NYSE and TSX under BLCO.
Bausch + Lomb operates independently without a large parent corporation.
Healthcare PharmaceuticalsOwned by GE HealthCare Technologies Inc.
Independent publicly traded healthcare technology company spun off from General Electric in January 2023, providing medical imaging, diagnostics, and healthcare IT solutions globally.
GE HealthCare operates independently without a large parent corporation.
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