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moonshade
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Reged: 12/01/02
Posts: 458
Loc: searching for my lost shaker o...
Merck Co. Pulls VIOXX from Market- Heart Danger !!
      09/30/04 06:17 AM

Merck Withdraws Arthritis Drug Vioxx

Sept. 30, 2004


By LINDA A. JOHNSON, AP Business Writer

TRENTON, N.J. - Pharmaceutical giant Merck & Co. is pulling its blockbuster arthritis drug Vioxx from the market worldwide because new data from a clinical trial found an increased risk of heart attack and stroke.


Whitehouse Station-based Merck said Thursday that data from the trial showed the increased risk of heart attack and other cardiovascular complications began 18 months after patients started taking Vioxx.


The data comes from a three-year study aimed at showing that Vioxx at a 25 milligram dose prevents recurrence of polyps in the colon and rectum. The trial was stopped after Merck discovered the higher heart risk compared to patients taking dummy pills.


"We're taking this action because we believe it best serves the interest of patients," Ray V. Gilmartin, Merck's chairman, president and chief executive, said in a prepared statement.


"Although we believe it would have been possible to continue to market Vioxx with labeling that would incorporate these new data, given the availability of alternative therapies and the questions raised by the data, we concluded that a voluntary withdrawal is the responsible course to take," he said.


Merck, the world's third-biggest drug maker, announced the news before the stock market opened. In pre-market activity on the New York Stock Exchange (news - web sites), Merck shares plunged 14.1 percent, or $6.35, to $38.72.


Vioxx is one of Merck's most important drugs, with $2.5 billion in sales in 2003. But sales dipped 18 percent in the second quarter of this year to $653 million.


Merck is scheduled to release financial results for the third quarter, which ends today, on Oct. 21.
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* Merck Co. Pulls VIOXX from Market- Heart Danger !! moonshade 09/30/04 06:17 AM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! Eeyore27   10/03/04 01:26 AM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! Stardog   09/30/04 09:43 AM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! AngelWolf13   09/30/04 12:11 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! Stardog   09/30/04 12:38 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! AngelWolf13   10/04/04 10:47 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! Lablady2   09/30/04 12:27 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! zippy66   09/30/04 09:28 AM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! barett   10/01/04 08:58 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! purppoptart   09/30/04 11:28 AM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! astrophel2   09/30/04 11:53 AM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! zippy66   09/30/04 12:05 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! Stardog   09/30/04 12:35 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! Lablady2   09/30/04 12:55 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! Stardog   09/30/04 01:11 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! fromabove   09/30/04 07:12 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Dange Therion   10/01/04 07:13 AM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Dange fromabove   10/01/04 12:10 PM
. * Re: Merck Co. Pulls VIOXX from Market- Heart Dange cody   10/01/04 06:08 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Dange Therion   10/01/04 02:02 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Dange Stardog   10/01/04 07:05 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Dange fromabove   10/01/04 07:28 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Dange dsmmcm   10/01/04 07:48 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Dange Therion   10/01/04 07:25 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! peteg72   09/30/04 11:14 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! Stardog   09/30/04 10:26 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! fromabove   10/01/04 12:16 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! Stardog   10/01/04 07:00 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! zippy66   09/30/04 01:27 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Dange dman22   09/30/04 02:58 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Dange Therion   09/30/04 05:15 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Dange dman22   10/01/04 12:45 AM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Dange Opie_Yates   10/01/04 06:52 AM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Dange dman22   10/02/04 10:37 AM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Dange Opie_Yates   10/03/04 09:47 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Dange emb708   10/01/04 04:31 AM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Dange dman22   10/02/04 10:35 AM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! Stardog   09/30/04 02:05 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! Opie_Yates   09/30/04 01:59 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! pecan   10/03/04 01:56 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! Eeyore27   10/04/04 06:01 AM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! okdoki   10/04/04 12:27 PM
. * * Merck Co. Pulls VIOXX from Market- Heart Danger !! zippy66   10/04/04 04:01 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Dange AngelWolf13   10/04/04 11:19 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Dange zippy66   10/05/04 06:21 AM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Dange Opie_Yates   10/05/04 04:59 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! pecan   10/03/04 02:20 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! blissmiss   09/30/04 02:10 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! ReOkie   09/30/04 02:28 PM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! voyager   09/30/04 07:38 AM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! clark116   09/30/04 08:23 AM
. * * Re: Merck Co. Pulls VIOXX from Market- Heart Danger !! Stardog   09/30/04 09:11 AM

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