Pfizer aims for pole position on pharmaceuticals market

Pharmaceuticals concern Pfizer has expressed hopes of becoming the leader on the domestic drugs market. According to Pfizer Polska head Cees J. Heiman, following the takeover of Pharmacia Corp in April this year, Pfizer was the fifth largest pharmaceuticals producer in Poland with a market share of 4%, "We are the biggest pharmaceuticals producer in the world and we want to take the same position in Poland too," he said. Prior to the takeover, Pfizer held 12th place in Poland. Last year, Pfizer Polska''s revenues rose by 58% to zł. 224.4 million, while Pharmacia reached zł. 100 million in revenues giving it 31st place in the ranking. The 'new' company's revenues are expected to grow by 15%-20% in 2003. (Parkiet, p. 5) J.K.