Pfizer, Novartis, Lilly, Wyeth Post Profit Increases (Update2) (Bloomberg.com)

Source: Yahoo! News

Date: 2006-10-19 15:01:45

Pfizer, Novartis, Lilly, Wyeth Post Profit Increases (Update2) (Bloomberg.com)

Pfizer, Novartis, Lilly, Wyeth Post Profit Increases (Update2) By Shannon Pettypiece and Eva von Schaper Oct. 19 (Bloomberg) -- Pfizer Inc., Novartis AG and Eli Lilly & Co. posted profit gains as revenue from newer medicines and broader U.S. insurance coverage for the elderly and disabled signaled a rebound in drugmaker earnings. Pfizer, the world's largest drugmaker, said net income more than doubled on higher sales of pain and arthritis pills. Switzerland's Novartis, the fourth-biggest pharmac ...

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