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Mar 31st, 2008, 10:49 am
Correction:
In my post this morning, I noted that the anti-cholesterol drug Vytorin was manufactured by Merck & Co. It was not. The manufacturer is Schering-Plough, Inc.
In late morning trading on Monday, the two biotech giants took a beating after the news that Vytorin failed a key clinical trial.
Merck & Co. fell $6.82, or 15 percent, to $37.69 and Schering-Plough Inc. declined $4.98, or 26 percent, to $14.49.
In my post this morning, I noted that the anti-cholesterol drug Vytorin was manufactured by Merck & Co. It was not. The manufacturer is Schering-Plough, Inc.
In late morning trading on Monday, the two biotech giants took a beating after the news that Vytorin failed a key clinical trial.
Merck & Co. fell $6.82, or 15 percent, to $37.69 and Schering-Plough Inc. declined $4.98, or 26 percent, to $14.49.
This blog entry was written by Brian.oco. It has received 272 views, 0 comments, and 0 linkbacks.
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