
Zithromax is owned by Pfizer Inc., a publicly traded American pharmaceutical corporation listed on the New York Stock Exchange under ticker PFE. Pfizer licensed azithromycin from the Croatian pharmaceutical company Pliva and received FDA approval for Zithromax in 1991. Pfizer reported $62.6 billion in revenue for fiscal year 2025. In April 2026, Pfizer notified the FDA that it is permanently discontinuing manufacture of branded Zithromax tablets, though generic azithromycin remains available from multiple manufacturers.
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Zithromax | Pfizer Inc. | Wholly owned |
Azithromycin, the active ingredient in Zithromax, was discovered in 1980 by researchers at Pliva, a pharmaceutical company based in Zagreb, Croatia (then part of Yugoslavia). The compound was derived from erythromycin, an older macrolide antibiotic, through a modification of the chemical structure that improved its pharmacokinetic properties. Azithromycin has a longer half-life than erythromycin, allowing for shorter treatment courses and less frequent dosing.
Pliva patented azithromycin and licensed the rights to Pfizer for the United States and other markets. Pfizer conducted clinical trials and submitted a New Drug Application to the FDA. The FDA approved Zithromax in December 1991 for the treatment of respiratory tract infections, skin infections, and certain sexually transmitted diseases. The initial approval covered the 250 mg tablet formulation for adults.
The brand's most recognizable product is the Z-Pak, a blister pack containing six 250 mg tablets designed for a five-day treatment course. Patients take two tablets on the first day and one tablet daily for the remaining four days. The Z-Pak format improved patient adherence by simplifying the dosing regimen and providing a convenient, pre-packaged course of treatment. The Z-Pak became one of the most prescribed outpatient antibiotic packages in the United States during the 1990s and 2000s.
In 1996, the FDA approved a pediatric formulation of Zithromax as an oral suspension, expanding the brand's use to children. Subsequent approvals expanded the labeled indications to include acute bacterial sinusitis, community-acquired pneumonia, and prevention of mycobacterial infections in patients with HIV.
In 2005, the composition-of-matter patent for azithromycin expired in the United States, opening the market to generic competition. Multiple generic manufacturers introduced azithromycin tablets, and the generic market grew rapidly. Pfizer continued to market branded Zithromax alongside generic versions, though the brand's market share declined as generic alternatives captured volume at lower price points.
In 2013, the FDA issued a Drug Safety Communication warning that azithromycin can cause changes in the electrical activity of the heart, specifically QT interval prolongation, which may lead to abnormal and potentially fatal heart rhythms. The FDA updated the Zithromax label to include information about this risk. The warning recommended that healthcare providers consider the risk of QT prolongation when prescribing azithromycin, particularly for patients with existing heart conditions or those taking other medications that affect heart rhythm.
In 2026, the FDA approved Zithromax for the treatment of pediatric community-acquired pneumonia in patients aged 6 months and older. The approved dosing regimen is 10 mg/kg on Day 1, followed by 5 mg/kg daily for Days 2 through 5. This approval formalized a therapeutic use that had previously been prescribed off-label, establishing specific pediatric dosing and safety parameters supported by controlled clinical trial data.
In April 2026, Pfizer notified the FDA that it is permanently discontinuing the manufacture of branded Zithromax 250 mg and 500 mg tablets. The FDA Drug Shortages Database lists both products as "To Be Discontinued" with the reason "Discontinuation of the manufacture of the drug." Pfizer did not publicly disclose a specific reason for the decision. Generic azithromycin tablets in both strengths remain available from multiple manufacturers, ensuring continued patient access to the medication.
In July 2025, Pfizer had already discontinued Zithromax oral powder for suspension in 1-gram packets, leaving no manufacturers for that specific formulation. The 1-gram packet formulation, commonly used in single-dose treatment for sexually transmitted infections, remains in shortage as of July 2026.
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.
In 2013, the FDA issued a Drug Safety Communication warning that azithromycin, including Zithromax, can cause QT interval prolongation, a condition that affects the electrical activity of the heart and may lead to abnormal and potentially fatal heart rhythms. The warning was based on a review of post-marketing data and published studies. The FDA updated the Zithromax label to include information about this risk and recommended that healthcare providers consider the risk of QT prolongation when prescribing azithromycin, particularly for patients with existing heart conditions, electrolyte disturbances, or those taking other medications that affect heart rhythm. The 2013 safety communication did not result in a market withdrawal, but it did lead to increased scrutiny of azithromycin prescribing practices.
In April 2026, Pfizer notified the FDA that it is permanently discontinuing the manufacture of branded Zithromax 250 mg and 500 mg tablets. The FDA Drug Shortages Database lists both products as "To Be Discontinued" as of April 9, 2026. Pfizer did not provide a specific public reason for the discontinuation. The decision affects only Pfizer's branded Zithromax tablets and does not impact the availability of generic azithromycin from other manufacturers.
In July 2025, Pfizer discontinued Zithromax oral powder for suspension in 1-gram packets. Combined with Mylan/Viatris's discontinuation of the same formulation in May 2024, this left no manufacturers producing the 1-gram oral suspension packet formulation. This formulation is commonly used in single-dose observed therapy for sexually transmitted infections, particularly in clinic settings. The shortage of this specific formulation remains ongoing as of July 2026, according to the American Society of Health-System Pharmacists.
No product safety recalls of Zithromax tablets have been reported. The brand has not faced manufacturing defect recalls or contamination events. The primary regulatory actions affecting Zithromax have been the 2013 QT prolongation safety warning and the 2026 discontinuation of branded tablet manufacturing.
No direct competitors found in the same category. This could be because Zithromaxoperates in a unique market segment or we're still building our competitor database.
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