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so...does anyone own shares of Merck? - ... - Printable Version

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- Goatweed - 09-30-2004

Merck Withdraws Vioxx Due to Data Showing Increased Risk of Heart Attack, Stroke; Stock Falls

Quote:TRENTON, N.J. (AP) -- 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. Its stock price plunged more than 27 percent as the company said the action will hurt its earnings.

I don't own any of this stock, but Merck and specifically the Vioxx matter is the "bread & butter" client of my Firm. So much for that Christmas bonus I was looking forward to :-(

I probably want to give my headhunter/pal a call, maybe have him keep an eye out for anything in case I need to jump ship.


- Ronin - 09-30-2004

looks like pfizer is going to corner the market.

i have one word for you: Monster


- Mad - 09-30-2004

That shits expensive (Vioxx) and doesn't work well on certain types of orthopedic problems. Not to forget the sudden side effects, such as internal bleeding and whatnot.


- Goatweed - 09-30-2004

internal bleeding isn't too bad, so long as it heals eventually.


- Velociti - 09-30-2004

I took vioxx after my knee surgery and it worked like a charm to reduce the swelling


- Ronin - 09-30-2004

how's your heart?