For investors in Pfizer, this is a meaningful event. This risk has been a significant overhang for some time.
More Quotes from Robert Hazlett:
Even though there may be some good drugs available, it may take some time until they are more widely accepted,Robert Hazlett
Pfizer is clearly a winner here. Pfizer is clearly putting their solid foot forward. They've got a good franchise and it's good potential for the next couple years.
Robert Hazlett
The big drug companies are under duress on almost every front. There are challenges everywhere from generics, from the FDA, from managed care and from self-appointed public watchdogs criticizing the industry, and with attacks on direct-to-consumer advertising,
Robert Hazlett
The scale of the deal speaks volumes. This is a seminal event in the life of the company.
Robert Hazlett
It's at the margin. It's 3 billion and change of a 50 billion company, so it's not inconsequential, but is it critical to the growth of the company going forward No.
Robert Hazlett
Every drug is a balance of benefits and risks, ... With any drug there are risks and you have to be careful with all these drugs in terms of liver damage. No drug is perfect. They're not lollipops.
Robert Hazlett
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