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2413007277100 Essay Example For Students

Sunday, December 22, 2019

Essay on Pfizer Macroeconomic Forecast - 1715 Words

Macroeconomic Forecast Pfizer, Inc. March 14, 2005 Abstract This paper is a Macroeconomic Forecast Outline of Pfizer, Inc. This outline will identify main economic indicators for Pfizer as a business entity and as a representative of pharmaceutical industry. This paper will identify sources of various data collected based on economical activity and relationships between different economical indicators. Main Economic Indicators The purpose of economic indicators is to provide for researchers and analysts the ability to interpreter economic data. Economic indicators are the main source of prediction of market behavior. They are also detailed explanations of how to analyze various changes over a business cycle. There are very many†¦show more content†¦The Companys top five medicinesÂâ€"Lipitor, Norvasc, Zoloft, Celebrex, and NeurontinÂâ€"each delivered at least $2 billion in revenues in 2004, while Zithromax, Viagra, Zyrtec, Bextra and Xalatan/Xalcom each surpassed $1 billion. Changes in foreign exchange rates increased total revenues in 2004 by $1,422 million or 3.2% compared to the same period in 2003. The foreign exchange impact on 2004 and 2003 revenue growth was due to the weakening of the U.S. dollar relative to many foreign currencies, especially the Euro that accounted for about half of the impact in 2004. Research and Development is one of the most important characteristics of a pharmaceutical company. It indicates how much the company spends on new products research and analysis. In 2004 Pfizer has launched six new products, received FDA approvals for fourteen new drugs and submitted new drug applications for nine more drugs. There are also five ongoing clinical trials. Cost and expenses are also considered as vital economical indicators. Cost is the total money, time and resources associated with a purchase or activity. (http://www.investorwords.com/1148/cost.html) Expenses are any cost of doing business resulting from revenue-generating activities. (http://www.investorwords.com/1842/expense.htmlz0 Based on Pfizers 2004Show MoreRelatedMerck vs Pfizer7379 Words   |  30 PagesMerck Co., Inc vs. Pfizer, Inc. Amy Lan Lan Liu Connor Buestad Raghul Subramanian Natalia Cosa ACCT 831 March 16, 2011 Table of Contents: Part 1: History, Background and Core Business †¦...................................................................2 a. Merck Co., Inc. †¦.............................................................................................................. 2 b. 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