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Top drug companies’ earnings beat forecasts Posted on July 23rd

LONDON (Reuters) - The world’s two biggest drugmakers, Pfizer Inc (PFE.N: Quote, Profile, Research, Stock Buzz) and GlaxoSmithKline Plc (GSK.L: Quote, Profile, Research, Stock Buzz), both beat expectations for quarterly earnings on Wednesday, as did Wyeth (WYE.N: Quote, Profile, Research, Stock Buzz), indicating the sector’s resilience.

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