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The bloodbath in biotech stocks I predicted this morning grew only too real for two of the world's largest biopharm companies, Merck & Co. and Schering-Plough.
I went back and forth on earlier posts on who made the drug and who didn't, but the skinny is this: Vytorin is actually a hybrid drug...
Read More | Mar 31st, 2008
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...
Read More | Mar 31st, 2008
