Its blockbuster drugs treat a wide range of conditions, and it has an equally broad pipeline. Wyeth has one of the most successful vaccines on the market, the fast-growing Prevnar to prevent pneumonia in children.
The company also shares a shelf with Novartis as a pharma-biotech hybrid, meaning it can balance the risk of a fast-growing industry (biotech) with the stability of a slow-growing business (pharma.) Wyeth's 90-acre Grange Castle in Ireland is said to be the biggest biotech plant in the world, putting it on a par with pure-play biotech industry leaders Amgen and Genentech.
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