Wednesday, October 30, 2013

Pressure From Generic Drugs Shrinks Profit at Pfizer

Pfizer, the maker of Viagra and the fibromyalgia treatment Lyrica, said Tuesday that net income fell to $2.59 billion, or 39 cents a share, from $3.21 billion, or 43 cents a share, a year earlier. Excluding $1.27 billion in one-time items, Pfizer said income would have been $3.86…

Source:Pressure From Generic Drugs Shrinks Profit at Pfizer



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