Wednesday, April 7, 2010 as of 11:14 AM ET
Schering-Plough Corporation was a United States-based pharmaceutical company. It was founded in 1851 by Ernst Christian Friedrich Schering as Schering AG in Germany.
Read More at Wikipedia ›The addition of Merck & Co.
's (MRK) experimental anticlotting drug vorapaxar to standard care reduced the risk of heart attacks and related events by 13% in a study of heart-disease patients, but at a cost of a 66% increase in the risk of significant bleeding versus standard treatment alone.Merck and researchers who led the trial said the data suggest the drug has a significant benefit for heart-attack patients in whom the bleeding risk is modest. That compares with earlier findings that patients with a history of stroke had a substantial risk of serious bleeding.Merck said it would analyze the data with trial investigators and other experts to identify a group of patients who stand to get the most benefit from the drug. Then its challenge would be to persuade the U.S. Food and Drug Administration to approve the drug for such a population despite the overall bleeding risk.John Strony, section head for thrombosis at Merck Research Laboratories, said the company would seek input on the d...Merck & Co forecast 2011 earnings below Wall Street forecasts and withdrew its longer-term profit view due to higher costs and pressures to curb drug prices, but r...
Merck & Co (NYSE:MRK) president Kenneth Frazier will succeed Richard Clark as the U.S. drugmaker's chief executive officer, effective Jan 1, the company said on Tues...
FBN's Connell McShane breaks down Chevron's third-quarter earnings.
FBN's Connell McShane breaks down Cigna's third-quarter results.
FOX Business: The Power to ProsperWall Street preserved its best October since 2003 on Friday, failing to be spooked by terrorism scares, an 11-month low in consumer...
Merck & Co (NYSE:MRK) reported disappointing quarterly sales on Friday and took an almost $1 billion charge related to a previously disclosed U.S. government probe o...
We break down the impact of the August jobs report.
Sarah Anderson of the Institute for Policy Studies, on why she is troubled by recent findings on executive pay.
George Ball, chairman of the Sandra Morris Harris Group, on why he sees opportunity in the high-yield bond market, energy and pharma sectors.
Aaron Kwittken on how the world’s biggest companies have handled adversity during tough economy times.
FBN’s Sandra Smith on the markets leveling off today and the Senate voting unanimously to audit the Fed.
The drugmaker says it’s off to a good start with sales, and NY AG Andrew Cuomo files a lawsuit against Ivy Asset.
Warburg Pincus said Monday it has appointed healthcare executive Francesco Granata to help the global buyout firm identify and evaluate deals in the biopharmaceutica...
An experimental anti-clotting drug from Merck & Co. (MRK) reduced the risk of heart attacks and related events in a clinical trial, but significantly increased bleed...
“All politics is local”–Thomas Phillip “Tip” O’Neill, Jr., Speaker of the House, 1977 to 1987Twelve members of Congress have been tasked with producing legislation t...
NEW YORK (Reuters) - The Department of Justice has issued Merck & Co <MRK.N> a subpoena seeking information about the drugmaker's marketing of three drugs acquired i...
Merck (NYSE:MRK) released second-quarter profits on Friday that matched Wall Street’s expectations, but that didn't stop the drug maker from unveiling plans to take ...
Merck & Co (NYSE:MRK) and Johnson & Johnson (NYSE:JNJ) said they reached agreement over marketing rights to two lucrative arthritis medicines, ending a high-stakes f...
Sanofi-Aventis (NYSE:SNY) and Merck (NYSE:MRK) have decided to terminate their year-old animal health joint venture due to various regulatory hurdles that have prove...
