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Author: doubtit Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 683027  
Subject: Re: Where's my flu shot, John Edwards? Date: 10/18/2004 6:58 PM
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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 ??

LMAO


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