Business & Finance

Pharma company releases financial report, business update

Published in Cancer Weekly, August 17th, 2004

Pfizer reported financial results for the second quarter of 2004.

Prior-year results reflect legacy Pfizer, as well as legacy Pharmacia subsequent to the April 16, 2003, close of the Pharmacia acquisition.

"Pfizer's financial results in the second quarter reflect the company's fundamental soundness and resilience in the face of dynamic market conditions," said Hank McKinnell, chairman and chief executive officer.

"Our bottom line remains unaffected by these conditions. While a more-challenging business environment, marked by new competition and the effects of less- favorable foreign-exchange rates than we anticipated, led us to...

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Source: Cancer Weekly (2004-08-17)

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