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DewDiligence

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DewDiligence

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Re: ilpapa post# 6964

Tuesday, 04/30/2013 8:56:31 PM

Tuesday, April 30, 2013 8:56:31 PM

Post# of 29672
PFE and The Global Demographic Tailwind:

http://finance.yahoo.com/news/pfizers-ceo-discusses-q1-2013-165608862.html

During the first quarter, biopharmaceutical volume [grew]10% in the BRIC-MT* markets…primarily driven by strong growth in China and partially offset by price reductions of 1% to these markets…

If you exclude the product portfolio of products whose rights were transferred to our joint venture in China with Hisun, our operational revenue growth would have been 8% in our emerging markets business, 14% in BRIC-MT countries and 31% in China.

*Brazil, Russia, India, China, Mexico, Turkey.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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