Pfizer Profit Falls 48%

July 17, 2007

Drugmaker Pfizer Inc. said Wednesday its second-quarter profit fell 48% year-over-year, hurt by the loss of patent exclusivity for its Zoloft and Norvasc drugs and by sluggish sales of blockbuster cholesterol drug, Lipitor, in the United States.

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Pfizer Profit Falls 48%

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