At Merck, There Are No Easy Answers
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Investors hoping for reassurance from Merck (MRK ) execs in light of recent problems got little besides generalities at the Dec. 14 meeting at the company&#39;s Whitehouse Station, NJ, headquarters.
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The reputation of the drug industry took another heavy blow yesterday with a report suggesting that Merck had fought for years to cover up evidence linking its painkiller Vioxx to heart attacks and strokes.
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Finding people who like the way he has run Merck, the giant drug maker, is much harder. Mr. Gilmartin has been chairman of Merck since November 1994.
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NEW YORK -- Already wounded by the withdrawal of its Vioxx pain reliever from the market, Merck &amp; Co. must now contend with hundreds of lawsuits over the drug's side effects -- lawsuits that threaten to further damage the company's finances and reputation.
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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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In a sharp change of direction, many medical authorities are questioning the safety of American drugs. In a challenge unthinkable even two months ago, Dr.
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This article was reported and written by Alex Berenson, Gardiner Harris, Barry Meier and Andrew Pollack. In May 2000, executives at Merck, the pharmaceutical giant under siege for its
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Merck and Schering report bad news, but how much will it affect sales?
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The simple answer is that there's no simple answer.
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Across the United States, doctors are struggling to decide which pain relievers to prescribe now that they know that popular drugs like Vioxx and Celebrex pose potentially serious heart risks.
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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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The directors of Merck, the giant drug maker, have opened an independent investigation into whether the company acted properly regarding Vioxx.
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This has not been an especially good year for regulatory government agencies, with their accompanying acronyms. Let&#39;s begin with the Food and Drug Administration (FDA), which can&#39;t quite make up its mind which drug will kill us first - or how quickly.
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Hundreds of patients and physicians have contacted a special information line set up by Merck-Israel in the last few days after the international pharmaceutical company voluntarily withdrew Vioxx - one of the world&#39;s most popular arthritis and acute
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The company is far from resting on its laurels.
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The nation&#39;s system for ensuring that drugs are safe faces perhaps its biggest crisis in years, with the disclosures that federal regulators and drug giant Merck allowed Vioxx
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People taking Vioxx may feel betrayed now that the popular painkiller and arthritis medicine has been pulled from the market. Merck, the manufacturer of the drug, and the US Food and Drug Administration knew