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In Brief: Pfizer

This article was originally published in The Rose Sheet

Executive Summary

Pfizer: Consumer health care sales for the third quarter rose 8% to $177 mil., driven by revenue from the Bain de Soleil suncare line, acquired from Procter & Gamble in 1995, and the Cortizone anti-itching product and Hemorid hemorrhoid treatment, purchased from Thompson Medical in April, the company reported Oct. 14. Consolidated sales advanced 10.4% to $2.8 bil., while net income shot up 20.9% to $514 mil. over the prior-year period. For the nine months, revenue climbed 11.9% to $8.15 bil. Net earnings increased 22.6% to $1.43 bil...
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