The Drug Maker Pfizer Enjoyed a Monopoly of the Antibiotic

question 134

True/False

The drug maker Pfizer enjoyed a monopoly of the antibiotic Lipitor because of patent rights.

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Definitions:

Financial Statements

These are written records that convey the business activities and the financial performance of a company, typically including the balance sheet, income statement, and cash flow statement.

Benjamin Graham

A renowned economist and professional investor, regarded as the father of value investing.

Financial Leverage

The use of borrowed money to increase the potential return of an investment, amplifying both potential gains and losses.

ROA

Return on Assets, a profitability ratio indicating how efficient a company is at using its assets to generate earnings.