Stock Investing Merck Tries New Tactic To Sell Vaccination Drug Force Girls To Take It
Giant Merck, a major growth stock for 50 years has seen that growth slowing down along with Pfizer and the rest of the major drug companies. Merck has latched onto a new strategy to build sales again, but its not just Merck and Pfizer that are suffering. The major pharmaceutical companies around the world are in a slowdown, and panic is starting to set into the executive suite.
Some of these companies are now doing in the tens of billions of dollars per year in sales. The drug industry is the most profitable industry in the world today bar none. The returns on invested capital, and profit margins are extraordinary
President Bush, and the then Republican Congress created the prescription drug program for seniors in an attempt to reverse the tide for these companies. The drug manufacturers have been a major contributor to the Republican Party for more than a decade. Both Merck, and Pfizer have begun downsizing their sales forces in response to the slow down.
The problem for these companies is that they have gotten so big in terms of their sales bases, that they are...
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