Quote:
Originally Posted by CarlosTheGaucho
Main scope of what Pfizer does is not pills or other medicaments, what's more they are buying licenses for cheap meds and they are not overpricing them that much as far as I am aware. I assume they do the most of the money on medical accessories.
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Carlos, 93% of Pfizer's revenue comes from drug sales (Lipitor $13 billion, Norvasc $4.8 billion, Zoloft $2.1 billion, Celebrex $2 billion, Viagra $1.6 billion, etc etc). 9 drugs over $1 billion in sales.
Most of Pfizer's products are developed by the Pfizer R&D team; an $8 billion per year research department. They have 12,000 scientists currently researching and developing 242 drugs in 11 different therapeutic areas.