Tuesday, January 28, 2014

Pfizer's 4Q net plunges on charges, sales decline

Drugmaker Pfizer said Tuesday that fourth-quarter profit plunged 59 percent because of discontinued operations, restructuring and other charges, and generic competition continuing to siphon off revenue from former blockbuster medicines. Despite a 3 percent revenue decline caused by those…

Source:Pfizer’s 4Q net plunges on charges, sales decline



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