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Deception vs. Growth - Merck vs. Amazon
Do you remember when Merck (chart here) got clobbered? Merck was a high-flying pharmaceutical company, but in 2004 we heard that one of its "blockbuster" products, Vioxx, which was for arthritis relief, was causing heart attacks. The stock dropped more than 50%. But then, over the next couple...
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Merck buy Schering Plough - megamergers a la mode
Bye bye.Merck & Co Inc said on Monday that it would acquire Schering-Plough Corp for $41.1 billion, uniting the makers of cholesterol drugs Zetia and Vytorin, in the second megadeal for Big Pharma in weeks. Source Merck's press release....
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Tags: Merck, Vioxx, Vytorin, Schering Plough, Zetia, ezetimibe
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One-on-One with Schering-Plough CEO Fred Hassan - CNBC
When a study released in mid-January showed that Vytorin a combination of the drugs Zocor and Zetia may be no more effective at reducing arterial plaque buildup than just taking Zocor alone, shares of SGP took a nosedive. But the company...
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