News Tagged ‘cutbacks

Merck cuts more jobs as Vytorin, Zetia sales drop

Global sales of Vytorin fell 18 percent, while sales of dropped by 12 percent in the third quarter. The loss of sales revenue from the two drugs, combined with difficult economic conditions worldwide, have led drug maker to announce that it will cut its workforce by 12 percent.

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Vytorin, Zetia squeeze manufacturers

The -fighting drugs and Vytorin, blockbuster drugs that once represented multi-billion dollar sales for and , now seem to be squeezing the pharmaceutical giants.

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