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4-Traders Homepage  >  Equities  >  Nyse  >  Pfizer Inc       

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Pfizer Inc. : Pfizer Will Remove Claims on Breast and Colon Health From Centrum Label -Reuters

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07/05/2012 | 11:26pm CET

Pfizer Inc. (>> Pfizer Inc.) said it will remove claims that its Centrum multivitamin supplements promote breast and colon health from labels over the next six months, following a complaint by a watchdog group, Reuters reported Thursday.

The company will also revise websites and advertising for Centrum, the report said.

The report said the Center for Science in the Public Interest sent a letter to Pfizer Chief Executive Ian Read in April outlining its complaints and threatening a lawsuit if the claims weren't removed.

In a statement, Pfizer said it "disagrees with CSPI's concerns, but has agreed to make these changes in order to fully resolve the issues raised by the organization," Reuters reported.

Full story at http://www.reuters.com/article/2012/07/05/pfizer-centrum-idUSL2E8I5BR820120705

Write to nymonitoring@dowjones.com

Stocks mentioned in the article : Pfizer Inc.
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Financials ($)
Sales 2016 52 914 M
EBIT 2016 18 813 M
Net income 2016 8 689 M
Debt 2016 31 572 M
Yield 2016 3,78%
P/E ratio 2016 19,64
P/E ratio 2017 14,77
EV / Sales 2016 4,22x
EV / Sales 2017 4,01x
Capitalization 191 699 M
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Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 37,9 $
Spread / Average Target 20%
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Managers
NameTitle
Ian C. Read Chairman & Chief Executive Officer
Frank A. D'Amelio Chief Financial Officer & EVP-Business Operations
Freda C. Lewis-Hall Chief Medical Officer & Executive Vice President
Ole Isacson Chief Scientific Officer
W. Don Cornwell Independent Director
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