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Biotech / Medical : PFE (Pfizer) How high will it go?
PFE 25.74+0.1%Nov 28 9:30 AM EST

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To: Jim Lamb who wrote (2608)5/19/1998 3:55:00 PM
From: Don Dunlap  Read Replies (3) of 9523
 
Does anyone know the profit margin on this drug? Perhaps this has been discussed before on the thread, bit I did not see it in the posts immediately appearing on the screen.

I am curious because some estimates have Pfizer at a 2Billion dollar a year drug. If it costs $1 to produce and distribute a $10 pill, this could add 1.8 Billion pre tax to the net income. This would almost quadruple the current net income.

I failed to invest in Pfizer a year ago when I learned of Viagra. Now I am considering it. At the time, I figured it was like GM coming out with a new car model. Never underestimate the ability to sell sex!!! Particularly when it comes from a well known pharm company!
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