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What's Viagra Worth?

Pfizer's 1997 sales came to $12.5 billion and its earnings per share were 

$1.76. Here's what Viagra could add to sales and earnings in 2001 under varying 

assumptions of usage.

                            (millions of users)
AVERAGE              10             13.5             16
DOSES          SALES*   EPS**  SALES*   EPS**  SALES*   EPS**
-------------------------------------------------------------
TWICE A MONTH  $1.82   $0.35   $2.50   $0.50   $2.90    $0.59
ONCE A WEEK    3.64    0.75    4.90    1.00    5.80     1.18
TWICE A WEEK   7.28    1.47    9.80    2.00    11.65    2.36

*Billions of dollars
**Earnings per share

DATA: COWEN & CO., BUSINESS WEEK






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Updated Apr. 30, 1998 by bwwebmaster
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