News Tagged ‘profits

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 loses market strength … again

Clinical trials haven’t been kind to Vytorin, and ’s brainchild. The first blow was dealt by the ENHANCE study, which showed to be no more effective than much cheaper generic statins. Next came results of the SEAS trial, which indicated a link between and risk of cancer and death by cancer. A flurry of disputed interpretations, accusations, and controversy followed in the wake of the trials.

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New Haven wants to recover Vytorin money

Should municipalities be allowed to reclaim the money it spent on expensive prescriptions if the prescribed drug turns out to be a dud? For the city of New Haven, CT, the answer is yes. According to a report in the New Haven Independent , the city’s top lawyer, John Ward, wants more than $400,000 back from Vytorin manufacturers and .

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Merck speeds trial of new cholesterol drug

Following Vytorin’s recent fall from its blockbuster status, is ratcheting up studies of its new fighting drug, The Washington Times reported.

MK-0524A, as the new drug is called, is the subject of a study based in Oxford University in England. submitted the drug to the FDA for approval, but it was rejected last April. The FDA wanted results from the study known as THRIVE (Treatment of HDL to Reduce the Incidence of Vascular Events) before it made another ruling.

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scientist cautions against dismissing Vytorin-cancer link

Does Vytorin increase the risk of cancer death? The question seems like it would be simple to answer, yet finding the answer requires navigating through a murky labyrinth of botched test results, apparent cover-ups, possible payoffs, and a whorl of conflicting interpretations that sometimes resemble self-interest, sometimes truth, depending on whom you ask.

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Vytorin scandals evoke mistrust

Is ’s motto, “To Earn Trust, Every Day,” laced with a little irony these days? What about ’s maxim “Where patients come first?” Does it evoke feelings of warmth and trust or does it just induce rolling eyeballs?

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