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Biotech / Medical : PFE (Pfizer) How high will it go? -- Ignore unavailable to you. Want to Upgrade?


To: Anthony Wong who wrote (4309)7/14/1998 1:19:00 PM
From: Anthony Wong  Read Replies (2) | Respond to of 9523
 
Viagra To Erect Profits For Pfizer Employees
Monday July 13

By Katie Jordan

At least 320 employees of the American company, Pfizer which manufactures Viagra in County Cork are on an uplifting streak with profits of œ628 million, up 38%, set to bring a rise in their wage packets in the coming months.

Most of the Irish employees at the Ringaskiddy plant have share options in the company which has seen a soar in sales of Viagra over the past three months resulting in an expected 30% rise in the sale
of shares.

The share price has increased from $88 on the New York Stock Exchange since the drug which aids an erection in males came on to the market in April to œ155 at the weekend.

In just three months 2.7 million prescriptions were written by doctors all over the world for the drug.

yahoo.co.uk