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Merck Buying Rival Schering-Plough
Merck & Co. is buying Schering-Plough Corp. for $41.1 billion in a deal that gives Merck key new businesses, access to a promising pipeline of new products and the chance to cut costs by $3.5 billion more per year, including eliminating about 16,000 jobs. ...more
March 10, 2009
How Does The FDA Decide Whether A Drug Is Safe And Effective?
Breathe Easier: Side Effect Risk Low The Food and Drug Administration's recent announcement that it is reviewing the safety of the widely used allergy drug Singulair received plenty of media attention. ...more
June 14, 2008
Beleaguered Merck Cuts Sales Jobs
Merck & Co. plans to eliminate 1,200 U.S. sales jobs, a move that comes a week after federal regulators' surprise rejection of an experimental cholesterol drug heavily touted by the pharmaceutical company. ...more
May 7, 2008
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