No. of Recommendations: 4
If Kerry is elected President, we can expect the profitablity of drug companies to be LESS IFFY?

Author: Goofyhoofy | Date: 10/18/04 4:47 PM | Number: 195397

doubtit, you win the "knee jerk" award for the day.

The drug companies are indeed very profitable.

I think Pfizer is the largest US Drug company.

In 2003, Pfizer made $1.6 billion profit on sales of $45 Billion => 3.6%

In 2003, Pfizer spent $7.1 billion on research and development.

Goofy ???

Do you think 3.6% profit is TOO MUCH ??? = VERY PROFITABLE ??


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