Financial Times FT.com

Pfizer raises full-year forecast

By Rebecca Knight in Boston

Published: October 21 2008 14:09 | Last updated: October 21 2008 14:09

Pfizer on Tuesday said its profit in the third quarter tripled, mostly due to a huge charge depressing last year’s results.

The world’s largest drug maker by sales earned $2.3bn, or 34 cents per share, in the quarter, up from $761m, or 11 cents per share, a year ago.

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