Monday, February 27, 2006

No wonder drugs are so expensive....

This from the Wall Street Journal today 2/27/2006 (See "Pfizer Shuffles Executive Roles"):

" ...Henry McKinnell, Pfizer's chairman and chief executive, earned $15.9 million in 2005, and is set to receive a pension valued at $83 million when he retires, which is scheduled for early 2008."

Geez.... And to think this year's salary is estimated to be 22% less than last year's.... How much is a single Lipitor pill?

--Wes

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