Though I don't really think Pfizer is liable for those 6 deaths associated with Viagra useage. Any responsible pharmacist and physician should have warned those patients for NOT taking Viagra with any nitrate-contaning compounds for possible hypotension and cardiac side effects. Pfizer has clearly indicated on Viagra's package insert that patients taking any nitrate drugs should not be given Viagra for the aformetioned reason. However, Pfizer stock will trade lower from here due to psychological reasons. You may have chance to pick up PFE at 101 or under.
Long term is still a good stock.
The FDA said it and Pfizer, the makers of the drug, were investigating the causes of the deaths. But Pfizer pointed out that more than a million men, most of them middle-aged, have taken the drug. FDA spokeswoman Laurie McHugh said the six deaths had been reported by Pfizer as part of routine, required reporting procedures. We continue to believe that the drug is safe and effective for its indications and the patient population. The drug's label clearly states that it should not be taken by men who are also taking nitroglycerin or other nitrate drugs prescribed for heart disease, and Pfizer has made this clear in its advertising.