Merck Pulls Arthritis Drug from Market
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Merck & Co Inc. Thursday pulled its  arthritis drug Vioxx off the market because it increases the  risk of heart attack and stroke, a move that sent its shares  plunging, erasing $25 billion of its market value.
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Merck announced on Sept. 29 a voluntary worldwide withdrawal of Vioxx (rofecoxib), a so-called COX-2 selective nonsteroidal anti-inflammatory drug, or NSAID.
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TRENTON, NJ (CP) - Vioxx, the blockbuster arthritis drug taken by tens of millions of people, was pulled from the market by its maker Thursday after a study found it doubled the risk of heart attacks and strokes.
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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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Merck said it voluntarily pulled the drug after new data from a clinical trial found an increased risk of heart attack and stroke.
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A prescription painkiller used by more than 250,000 Australians to treat arthritis has been withdrawn from sale after a clinical trial found it doubled the risk of heart attack and stroke.
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Vioxx and other pain-relieving drugs have given many people with chronic pain the chance to resume normal lives. But an increase in heart attacks among users of the popular arthritis drug led the manufacturer to pull it from the market and has cast a shadow over similar medications.
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Many arthritis sufferers who took the drug Vioxx for severe pain are having trouble finding effective treatment alternatives since the drug was taken off the market by its manufacturer, doctors say.
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Still reeling from Merck&#39;s withdrawal of Vioxx from the market and Pfizer&#39;s decision to stop advertising Celebrex, people who suffer from arthritis pain now have one more worry: The US Food and Drug Administration announced Monday that it was halting a
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Merck &amp; Co. withdrew the popular drug Vioxx from the market in September, after data from a clinical trial supported claims the medication was associated with an increased risk of heart attack and stroke.
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Drug company Merck has removed its painkiller Vioxx because of data showing an increased risk of heart attack and stroke.
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Merck &amp; Co. (MRK.N: Quote, Profile, Research) 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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Shares of Merck plunged nearly 27 percent yesterday on news that the pharmaceutical giant was pulling the popular arthritis pain medication Vioxx off the market in the largest drug withdrawal in US history.
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The withdrawal of Merck &amp; Co. Inc.&#39;s arthritis drug Vioxx will make it harder for drug companies to win approval for products aimed at big patient populations as regulators
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Drug giant Pfizer Inc. reiterated Thursday that its arthritis drug Celebrex was safe to use after competitor Merck &amp; Co. pulled its arthritis drug Vioxx off the market worldwide after studies showed it raised the risk of heart attack.
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Doctors were bombarded with phone calls from worried patients following the announcement last week that drug manufacturer Merck had pulled its popular arthritis drug, Vioxx, from the market because of safety concerns.
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Merck & Co Inc. on Thursday pulled its  arthritis drug Vioxx off the market because it increases the  risk of heart attack and stroke, a move that sent the company's  shares plunging, erasing $25 billion of its market value.