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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: manny_velasco who wrote (53255)10/19/2004 8:29:35 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 57110
 
I would be shocked if they were only making 70k a year.

Sales ain't an easy job and if you don't have sales guys out there, the drug ain't gonna sell and then you run into all the other issues outlined in previous messages.



To: manny_velasco who wrote (53255)10/20/2004 1:46:47 AM
From: jfs  Respond to of 57110
 
Just to bolster your point, Manny, the relevant numbers from Merck's 2003 financials :

Revenue 22,486 m
Research & development 3,178 m
Marketing & admin 6,395 m
Profit before taxes 9,052 m

john


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