Stock Research Pfizer Blows Up Its Own Pipeline With Torcetrapib Withdrawal
Stock research we call it. You want to talk about stock research. Lets talk about how Pfizer the world renowned drug company blew itself up over the weekend. We all know that the classes of drugs, known as the STATINS have meant billions to the bottom line of the major pharmaceutical drug companies. Remember we said billions to the bottom line, not just sales. Nothing is more profitable than a blockbuster drug to the bottom line. Its like printing money at the US Treasury, maybe better.
For years Pfizer made billions off of Lipitor, which is a STATIN drug that lowers LDL bad Cholesterol. It works like this. We all eat crap loaded down with the wrong stuff. Lets admit it, we love it. Were overweight as a nation, and we dont like string beans and asparagus. We like pizza, and Big Macs, and dont forget the French fries. By the way, do you know the number one selling vegetable in the world is the potato, because you can make French fries out of them? Whats number two you ask? Its the tomato, because you make ketchup out of them and enrich John Kerrys wife, every time you buy a...