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Merck wins the 'silver' for worst news week

WBB Securities analyst Steve Brozak has issued a symbolic "silver medal" to Merck for worst news week. In a triple whammy rarely accomplished in the drug world, Merck had two experimental Read more...
Tags: Vioxx   Merck   pipeline  

ALSO NOTED: US Oncology's CFO retires; Profits rise at Novartis, Merck, Lilly; and much more...

> US Oncology's CFO Rick McCook is resigning to explore opportunities in a retail or manufacturing business. Read more...
Tags: Generics   Melanoma   Roche   Vioxx   Oncology  

ALSO NOTED: Isotechnika reports psoriasis success; Romark enrolls hep C patients; and much more...

> Isotechnika's ISA247 has demonstrated significant efficacy against psoriasis. Report > Romark Laboratories Read more...

Risk averse? Not us, says top FDA official

Is a rising tide of risk aversion at a post-Vioxx FDA behind the agency's anemic approval record? No way, say the FDA's Read more...

2008 NME approvals no better than last year?

In 2007, there was much ado about the slow pace of new molecular entity (NME) approvals. Though over 200 drugs were approved in 2007, only 19 of Read more...

ALSO NOTED: BMS falls prey to subprime crisis;AZ cuts 200 U.K. workers;much more...

What's a drugmaker doing, investing in securities at least partly backed by subprime mortgages? Ask Bristol-Myers Squibb, which took a $275 million write-down on so-called "auction rate securities" Read more...

ALSO NOTED: Cardiome awaits FDA decision; Congress to investigate Vytorin scandal; and much more...

> Cardiome is awaiting a critical FDA decision on its drug vernakalant. Report > It seems that many black U.S. residents Read more...

ALSO NOTED: Big Pharma rethinks animal testing; FDA extends telavancin review; and much more...

> In a move that will please animal rights activists, a number of pharmaceutical companies have determined that they will no longer conduct acute toxicity tests. They say that new technology has Read more...

FDA more friendly to approvable than approved

You've probably already heard that FDA approvals took a nasty dive last year, with analysts Read more...

'07's drug approval record raises worries

The paucity of NME approvals by the FDA last year--a miserly 16, one of the worst records in decades--is attracting worried Read more...

Press Releases

PRESS RELEASE: Merck Agreement to Resolve U.S. VIOXX Product Liability Lawsuits

Merck Agreement to Resolve U.S. VIOXX® Product Liability Lawsuits Agreement Provides for $4.85 Billion Payment   WHITEHOUSE STATION, N.J., Nov.  9, 2007 - Merck & Co., Inc. today announced Read more...

PRESS RELEASE: Cuomo, Bloomberg Sue Maker of Vioxx for Hiding Drug's Risks

Cuomo, Bloomberg Sue Maker of Vioxx for Hiding Drug's Risks FirstTime State and City Bring Joint Action to Fight Medicaid Fraud Suit claims Merck & Co. endangered patients, cost Medicaid Read more...

PRESS RELEASE: New Jersey High Court Denies Nationwide Class-Action Status to Insurance Companies Seeking VIOXX Reimbursements

New Jersey High Court Denies Nationwide Class-Action Status to Insurance Companies Seeking VIOXX® Reimbursements WHITEHOUSE STATION, N.J., Sept.  6, 2007 - Merck & Co., Inc. is pleased that Read more...

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