Karis Way

Random thoughts from Eagan, Minn.

Wednesday, April 06, 2005

Pfizer Plans 12% Cost Cut as Sales Lag

Pfizer and other pharmaceutical companies are greedy and deserve to go broke. Note the following from the story:

By 2007, Pfizer will face low-priced generic competition for a half-dozen drugs that now account for almost 30 percent of its sales and billions of dollars in profits.

The New York Times > Business > Pfizer Plans 12% Cost Cut as Sales Lag

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