Hank McKinnell Quotes (18 Quotes)

Based on today's survey, we see job growth and continued investment, a winning combination at this part of the business cycle.

By transferring their expertise to local healthcare workers, these Fellows make lasting contributions to support health systems in communities ravaged by diseases. The Pfizer Global Health Fellows program represents an innovative collaboration between NGOs and the private sector to significantly improve the lives of people around the world in a sustainable way.

What analysts are coming to understand is that comparisons to last year are particularly difficult in the second quarter, ... And what I am sure they will soon understand is that comparisons are particularly easy in the fourth quarter and that makes our estimate of 1.56 to 1.60 (per share for 2002) fully achievable.

This is a time of transformation for Pfizer and our industry. We are responding directly to the realities of our operating environment as we build value today while aggressively investing in the future.

This is a normal part of our planning cycle, ... You should have as much confidence in us this week as you had last week.

We are evaluating our financial prospects in light of current and anticipated business conditions and are withdrawing our prior guidance.

We are providing choice, simplicity and expanded access to help Americans get the medicines they need,

Patients and physicians must be able to trust that the medicine in the bottle is the same as that which is described in the label. We want to ensure that patients do not receive generic products that fail to meet FDA standards.

In each of the three areas of this survey -- sales, capital spending and employment -- more companies still anticipate expansion rather than contraction. Capital expenditure plans continue to reflect steady gains, and employment predictions by the nation's leading companies are near their all-time high.

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.

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.

We are evaluating our financial prospects for 2006 and 2007 in light of current and anticipated business conditions, and are withdrawing our prior guidance for those years.

Lipitor is one of the most important medical breakthroughs of our era, and millions of patients have used it to lower their cholesterol. This court decision is consistent with the fundamental principle that patent laws exist to support and encourage medical innovators, not undermine them.

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.

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.

Frankly, there are lots of other places in the company to trim expenses before you would turn to the sales force.

On any given day, we estimate that nearly 40 million people around the world are treated with a Pfizer medicine,

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.