Pfizer Profit Up on Demand for Key Drugs
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Pfizer Inc. (PFE.N: Quote, Profile, Research) , the world&#39;s biggest drugmaker, on Wednesday said third-quarter earnings rose on higher sales of key medicines and favorable foreign exchange factors.
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Novartis AG, Switzerland s biggest drugmaker, said third-quarter profit rose 21 percent as demand increased for the hypertension treatment Diovan and the cancer pill Gleevec.
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Pfizer Inc , the world's  biggest drugmaker, on Wednesday reported fourth-quarter results  that beat expectations.
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Walgreen Co. increased its fourth-quarter profits by 18 percent despite slower growth in prescription drug sales industrywide, taking market share from competitors as it gains ground on the biggest US retailers.
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Diversified health-care company Johnson &amp; Johnson on Tuesday said its quarterly profit rose on higher sales of prescription drugs and medical devices.
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Eli Lilly and Co. LLY.N on Thursday  said its third-quarter earnings rose as growing demand for its  medicines offset higher spending to market recently approved  treatments.
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Walgreen Co. (WAG.N: Quote, Profile, Research) , the top US drugstore chain, on Monday said quarterly profit rose 18.1 percent due to rising prescription demand and strong sales from its
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The company said fourth-quarter earnings rose 17 percent on higher sales of its Enbrel arthritis drug and Prevnar vaccine, but said generic competition would hit 2008 profit.
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Pfizer Inc  reported a higher-than-expected fourth-quarter profit on Wednesday, helped by lower taxes, a weak dollar and demand for drugs to treat nerve pain, kidney cancer and to help smokers kick the habit.
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Eli Lilly and Co  on Tuesday said fourth-quarter profit rose on lower taxes and better-than-expected sales of its medicines, including its newer treatments for depression, diabetes and cancer.
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Eli Lilly and Co  on Tuesday said fourth-quarter profit rose on lower taxes and better-than-expected sales of its medicines, including newer treatments for depression, diabetes and cancer.
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Profits at the drugmaker increased 13 percent in the second quarter on higher sales of its arthritis drug and pneumonia vaccine.
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Schering-Plough Corp.  on  Monday reported quarterly earnings far higher than Wall Street  expected, fueled by growing demand for its drugs against  cholesterol, arthritis, allergies and hepatitis C.
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The prescription-benefit manager said earnings soared on higher overall revenue and improved results in its specialty pharmacy business.
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Pharmaceutical group Sanofi-Synthelabo said it had increased net profit in the first half of the year by 20.6 percent from the same period last year to 1.138 billion euros (1.38 billion dollars).
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Johnson & Johnson  on Tuesday said second-quarter profit rose on higher sales of medical devices and prescription drugs, beating Wall Street expectations on especially strong demand in overseas markets.
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Merck & Co.  on Monday said its  second-quarter earnings more than doubled on growing demand for  its drugs, blowing past Wall Street expectations, and raised  its full-year profit forecast.