ACCT 461 SPRING, 2023

UPJOHN PHARMACIA/PFIZER CASE

PLEASE HELP ME WITH DETAILED ANSWERS ON THESE 4 QUESTIONS

QUESTIONS 1-7 HAVE BEEN ALREADY ANSWERED

8. Review the history of lawsuits against Pfizer over the years and summarize the largest one. Review the largest lawsuits against pharmaceutical companies over the years and give your opinion on how Pfizer compares to other pharmaceutical companies. Read all of Footnote 16 (Contingencies and Certain Commitments) in the 2022 Annual Report and summarize any actions relating to Covid vaccine and related products.

9. Research how much is spent on lobbying by industry and how the pharmaceutical industry compares to others. How much does Pfizer spend on lobbying and how does this compare to other pharmaceutical companies.

10. Compare the company today with another major company within the industry today, comparing key financial information. How do they differ, if at all? Are their operating structures similar as evidenced by the Income Statements? Compare Income Statements on a common-sized basis in order to do this.

11. OPINION QUESTION: Without doing any further research, and based on your analysis of public companies while youve been at college, do you think large publicly held corporations in the United States have an ethics problem? If so, do you think some industries are more ethically challenged than others? Explain as best you can.