Meet Pfizer’s Chief Business Innovation Officer: An Interview with Angela Hwang
The pharmaceutical industry has been at the forefront of medical innovation for decades now, constantly pushing the boundaries of medical science to find new and better ways to treat diseases and improve patient outcomes. Pfizer, one of the largest pharmaceutical companies in the world, has been a key player in this field for over 170 years, investing heavily in research and development to create new and innovative drugs.
Leading the charge for Pfizer’s business innovation strategy is their Chief Business Innovation Officer, Angela Hwang. With over two decades of experience in the pharmaceutical industry, Hwang is a seasoned expert in the field, known for her ability to drive growth and innovation for some of the world’s most well-known pharmaceutical brands.
In this article, we’ll take a closer look at Angela Hwang, her role as Pfizer’s Chief Business Innovation Officer, and how she helps drive innovation within the company.
Who is Angela Hwang?
Before we dive into Hwang’s role at Pfizer, it’s important to take a look at her professional background and how she got to where she is today. Hwang holds a Bachelor of Science degree in Biology from the University of Illinois and a Master of Science in Biotechnology from Northwestern University.
After completing her education, Hwang started her career as a research scientist at Baxter Healthcare, a global healthcare company that focuses on medical devices and pharmaceuticals. She then held a variety of leadership roles at Pfizer, including Vice President of Global Marketing for their Specialty Care Business Unit, Vice President of Global Marketing for Established Products, and President and General Manager of Pfizer Oncology.
In 2018, Hwang was appointed as Pfizer’s Chief Business Innovation Officer, a role in which she leads the company’s efforts to drive innovation and growth across all aspects of its business.
What is the Role of Pfizer’s Chief Business Innovation Officer?
As Chief Business Innovation Officer, Hwang is responsible for driving innovation across all aspects of Pfizer’s business. This includes identifying new areas of growth and opportunity, developing new products and services, and exploring new business models and partnerships.
One of the key ways Hwang drives innovation is through investment in research and development. Pfizer invests billions of dollars every year into R&D, with the goal of developing new and innovative drugs to treat a range of diseases. Hwang is closely involved in this process, working with Pfizer’s scientists and researchers to identify new areas of research and development, and ensuring that the company is investing resources in the most promising areas.
Another key aspect of Hwang’s role is exploring new business models and partnerships. This includes identifying new market opportunities, developing new products and services, and forging partnerships with other companies and organizations. By working closely with other companies and organizations, Hwang helps to bring new products and services to market faster, and to ensure that Pfizer is at the forefront of medical innovation.
What are Pfizer’s Key Innovations?
Over the years, Pfizer has been responsible for a number of key innovations in the pharmaceutical industry. Some of the company’s most notable innovations include:
– Viagra: Pfizer’s blockbuster drug, which has been used to treat erectile dysfunction since its introduction in 1998.
– Lipitor: A cholesterol-lowering drug that was one of the best-selling drugs of all time, with annual sales of over $10 billion at its peak.
– Prevnar: A vaccine that helps protect against pneumococcal disease, a common cause of ear infections and pneumonia in children.
In recent years, Pfizer has also been at the forefront of research into breakthrough cancer treatments, investing heavily in the development of immunotherapy drugs that work by boosting the immune system’s ability to fight cancer.
Key Takeaways
As Pfizer’s Chief Business Innovation Officer, Angela Hwang plays a critical role in driving innovation and growth for one of the world’s largest pharmaceutical companies. Through her leadership, Pfizer has been able to develop some of the most innovative drugs on the market today, and to explore new business models and partnerships that have helped to accelerate the pace of medical innovation.
Moving forward, Hwang will continue to be a key player in Pfizer’s efforts to drive innovation and growth, ensuring that the company remains at the forefront of medical science and stays ahead of the competition.
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