Report: $700,000 of Gold Dust Missing From Pfizer Lab

Police are investigating $700,000 of gold dust missing from a Pfizer (NYSE: PFE  ) medical research lab in Chesterfield, Mo., the St. Louis Post-Dispatch reported last week.

Authorities told the newspaper that the loss became clear during inventory procedures and could be the result of theft or misplacement. The paper reported that dealers and refiners doubted the dust could be resold, if it has been stolen, because of the large amount and the form. 

Pfizer declined to detail how the metal was being used, but gold dust can be a part of nanotechnology research.

 "We are taking this matter very seriously and working closely with local law enforcement authorities on this ongoing investigation. It would be inappropriate for us to comment any further at this time until the police investigation has been completed," Pfizer said in a statement. "We use a variety of materials in the drug discovery process. This is just one of the materials we use in our proprietary research."

link


Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2148386, ~/Articles/ArticleHandler.aspx, 11/26/2014 3:29:21 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement