“[Katrina is expected to have a] significant, but not catastrophic, effect nationally, ... ... We're still expecting a strong economy but not as strong as before Katrina hit.”
“[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.”
“This court decision is consistent with the fundamental principle that patent laws exist to support and encourage medical innovators, not undermine them,”
“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.”
“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.”
“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.”
“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,”