Pharmaceuticals giant Pfizer, the maker of Viagra, has reported a $3.6 billion net loss as a result of charges linked to its acquisition of Pharmacia, but its operating profits were ahead of forecasts.
The second quarter profits, excluding the acquisition costs, amounted to $2.37 billion or 30 cents a share, just ahead of Wall Street forecasts.
Revenues grew 37% from the same period a year ago to $9.99 billion.