All Posts Tagged Tag: ‘merck’

Merck Job Cuts On the Rise, Cuts Could Prove Beneficial

For months, the struggling New Jersey- based pharmaceutical conglomerate has been struggling, and the numbers they’ve been producing have only made their financial woes more evident. But, yesterday the company set a new plan of action in motion. Merck & Co. announced in a press release on Tuesday that they would be eliminating approximately 20% of their work force. The …

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Cholesterol Drug Tredaptive Pulled Worldwide

Less than one month ago, Merck, a major U.S. pharmaceutical company, announced that its cholesterol drug Tredaptive failed a major clinical trial. The drug is meant to improve heart health by increasing levels of “good” cholesterol, but the trial found that patients on the drug did not have a reduced risk of heart attack, stroke, necessary bypass surgery, or death, …

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Merck Drug Fails Major Clinical Trial

Merck, a major U.S. pharmaceutical company, announced this week that its drug “Tredaptive” has failed a clinical trial. The trial was meant to test the drug for its ability to improve patients’ heart health by increasing their levels of “good” cholesterol. The trial, conducted at Oxford University and funded by Merck, looked at 25,673 patients at high risk for heart …

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Cancer Drug Erbitux Fails to Produce Results in Trials

The cancer drug Erbitux, which is manufactured by Merck & Co., Inc, has failed to produce any significant new results for the second month in a row. The German pharmaceutical company, one of the largest in the world, watched helplessly as their wonder drug crashed and burned, ultimately failing in its quest to increase the life span of those patients …

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