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Pfizer Inc. Message Board

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  • edteekay edteekay Dec 15, 2008 3:59 PM Flag

    No divi increase

    That's the first time in a great many years that PFE didn't announce a dividend increase. Since, the dividend increases didn't really support the stock, I suppose they figured why bother?

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    • Or the could be planing a move on some cancer drug pipeline with some smaller Co. Like this . Bristol-Myers, biotech Exelixis team up on cancer
      Friday December 12, 10:01 am ET
      By Marley Seaman, AP Health Writer
      Bristol-Myers Squibb to pay Exelixis at least $240 million in cancer
      drug development deal
      You would think with all that money 26 billion cash they would start making some moves.

      • 1 Reply to jgmtruth
      • Cancer to be world's top killer by 2010,
        By MIKE STOBBE, AP Medical Writer – Tue Dec 9, 5:43 pm ET
        Reuters – Vasiliki Kostoula, a Greek breast cancer patient, listens to
        her doctor after a radiological medical …
        ATLANTA – Cancer will overtake heart disease as the world's top killer
        by 2010, part of a trend that should more than double global cancer
        cases and deaths by 2030, international health experts said in a
        report released Tuesday. Rising tobacco use in developing countries is
        believed to be a huge reason for the shift, particularly in China and
        India, where 40 percent of the world's smokers now live.
        So is better diagnosing of cancer, along with the downward trend in
        infectious diseases that used to be the world's leading killers.
        Cancer diagnoses around the world have steadily been rising and are
        expected to hit 12 million this year. Global cancer deaths are
        expected to reach 7 million, according to the new report by the World
        Health Organization.
        An annual rise of 1 percent in cases and deaths is expected — with
        even larger increases in China, Russia and India. That means new
        cancer cases will likely mushroom to 27 million annually by 2030, with
        deaths hitting 17 million.
        Underlying all this is an expected expansion of the world's population
        — there will be more people around to get cancer.
        By 2030, there could be 75 million people living with cancer around
        the world, a number that many health care systems are not equipped to
        handle.
        "This is going to present an amazing problem at every level in every
        society worldwide," said Peter Boyle, director of the WHO's
        International Agency for Research on Cancer.
        Boyle spoke at a news conference with officials from the American
        Cancer Society, the Lance Armstrong Foundation, Susan G. Komen for the
        Cure and the National Cancer Institute of Mexico.
        The "unprecedented" gathering of organizations is an attempt to draw
        attention to the global threat of cancer, which isn't recognized as a
        major, growing health problem in some developing countries.
        "Where you live shouldn't determine whether you live," said Hala
        Moddelmog, Komen's chief executive.
        The organizations are calling on governments to act, asking the U.S.
        to help fund cervical cancer vaccinations and to ratify an
        international tobacco control treaty.
        Concerned about smoking's impact on cancer rates in developing
        countries in the decades to come, the American Cancer Society also
        announced it will provide a smoking cessation counseling service in
        India.
        "If we take action, we can keep the numbers from going where they
        would otherwise go," said John Seffrin, the cancer society's chief
        executive officer.
        Other groups are also voicing support for more action.
        "Cancer is one of the greatest untold health crises of the developing
        world," said Dr. Douglas Blayney, president-elect of the American
        Society of Clinical Oncology.
        "Few are aware that cancer already kills more people in poor countries
        than HIV, malaria and tuberculosis combined. And if current smoking
        trends continue, the problem will get significantly worse," he said in
        a written statement.

 
PFE
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