US ; Big Pharma Results Seen Lackluster Due to Withdrawals ...

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HOME NEWS SEARCH INDIA SHOP SHOPPING MOVIE CRICKET FORUMS BUSINESS News India Pakistan Cricket Live Scorecard Home US US ; Big Pharma Results Seen Lackluster Due to Withdrawals, Limited Pipeline: 40 minutes Ago [US News] NEW YORK - U.S.

drug makers are expected to report a lackluster first quarter, reflecting an ongoing struggle with product withdrawals, a dearth of new drugs in the pipeline and increased competition from generics.

Profits at most major drug makers will be driven by the companies' ability to hold down costs, rather than by bringing in more revenue from existing products, said C.J.

Sylvester, an analyst with Banc of America Securities.

"We believe the industry is in the latter stages of a cyclical downturn in (research and development) productivity," Sylvester said in a research note.

Two exceptions could be Wyeth Laboratories Ltd.

and Eli Lilly & Co., Sylvester said.

Wyeth is experiencing strong sales of its anti-inflammatory drug Enbrel, its vaccine Prevn...

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