Report: Merck Tried to Bury Vioxx Concerns for Years
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Internal e-mails and other documents from Merck &amp; Co. show the company fought for years to keep safety concerns from undermining the drug&#39;s commercial prospects, the Wall Street Journal reported on Monday.
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NEW YORK, Nov. 11 -- The 40 percent share price slide in Merck &#38; Co. in the five weeks after it pulled the painkiller Vioxx off the market highlighted larger problems in the pharmaceutical industry that may depress performance for years, according to academics and stock analysts who follow the sector.
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NEW YORK - The withdrawal of the arthritis drug Vioxx two weeks ago was a disaster for Merck. But it also put rival Pfizer in a fix.
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Justice Department prosecutors and Securities and Exchange Commission regulators are investigating Merck &#38; Co. for its handling of the painkiller Vioxx, the pharmaceutical giant disclosed yesterday.
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An analysis in a prominent medical journal reports that the painkiller Vioxx demonstrated an increased risk of heart attack four years ago and should have been withdrawn long before Sept.
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Top executives at pharmaceutical giant Merck &amp; Co. Inc. decided in May 2000 against developing a study to test directly whether its Vioxx painkiller drug might pose a heart risk, The New York Times reported on Saturday.
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Its products have relieved pain and suffering, and prolonged life for hundreds of millions of consumers. If you&#39;ve been following the Vioxx &quot;scandal,&quot; Merck is now in the cross-hairs of plaintiffs&#39; attorneys, politicians and certain elements of the FDA.
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Merck & Co. said on Wednesday it plans  to release data from a study of its recalled arthritis drug  Vioxx at a meeting of specialists later this month.
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WASHINGTON (CBS.MW) -- The US Food and Drug Administration could not force Merck to perform safety studies of arthritis drug Vioxx after it hit the market in 1999, but the agency successfully &quot;negotiated&quot; the long-term studies that uncovered Vioxx&#39;s heart
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The safety of Merck&#39;s (MRK:NYSE - news - research) Vioxx has been questioned again with the posting of an internal Food and Drug Administration study on the agency&#39;s website.
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Merck &amp; Co.'s board of directors said Wednesday that a 20-month investigation funded by the pharmaceutical company found that senior management acted responsibly in its development and marketing of its now withdrawn pain reliever Vioxx.
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Previously undisclosed Merck documents show that it was poised to begin a study of Vioxx in 2002 but abruptly dropped the project just before it was set to start.
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ATLANTIC CITY, New Jersey  - A New Jersey jury found on Friday that Merck & Co.  failed to provide adequate warnings about health risks tied to its withdrawn arthritis drug Vioxx in one case, but decided that it gave adequate warning in another in two suits tried simultaneously.
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Merck officials had evidence far back as 2001 that Vioxx might not help thousands of users of the arthritis and pain drug.
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Merck & Co. said on Thursday withdrew its arthritis drug Vioxx globally after a colon cancer trial confirmed long-standing concerns the drug raises the risk of heart attack and stroke.
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Pharmaceutical giant Merck &amp; Co Inc. had evidence by 2000 that its painkiller Vioxx, which was pulled off the market on Sept. 30, was not safe, a heart specialist told CBS News program &quot;60 Minutes&quot; on Sunday.
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Merck staged a long-running campaign to enlist the support of doctors for Vioxx, to "neutralize" them, as documents put it.