Revenues in the third quarter of 2005 reflected lower prescription growth and increased competition in key therapeutic markets in the U.S., such as the lipid-lowering market, where the rate of growth in the third quarter declined significantly versus the first half of the year and the erectile dysfunction market, which has been in decline compared to 2004.
More Quotes from Hank McKinnell:
At the rates we're growing, our earnings should be about twice this level five years from now, ... If the price-to-earnings ratio stays the same, you can do the math.Hank McKinnell
At a meeting of the Business Roundtable in Washington, D.C., the group's chairman, Pfizer ( PFE ) CEO Hank McKinnell, said its Economic Outlook Survey shows few signs of major damage to the national economy. Sixty-one percent of CEOs surveyed described the effect of the hurricane on their business as moderately negative, while only 4 described it as strongly negative. Katrina's effect will be catastrophic locally, ... a significant -- but not catastrophic -- national effect.
Hank McKinnell
There has to be a balanced approach, which first satisfies our need for security and at the same time makes sure we allow reasonable access to foreign investors to the United States.
Hank McKinnell
We are providing choice, simplicity and expanded access to help Americans get the medicines they need,
Hank McKinnell
You are seeing business confidence increasing to the point where people are willing to add permanent jobs to the payroll as opposed to trying to fill that need through additional overtime.
Hank McKinnell
We are evaluating our financial prospects in light of current and anticipated business conditions and are withdrawing our prior guidance.
Hank McKinnell
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