Merck hammered after massive drug recall: Decision to pull Vioxx termed 'a disaster'
Article Abstract:
Merck & Co. Inc. is a drug making company in U.S. whose decision to pull its drug named Vioxx from pharmacies worldwide wiped out nearly $28-billion from the company's stock market value. Vioxx's $2.5 billion sales for the year 2003 were only about 11 percent of the company's revenue and 20 percent of its profit.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2004
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The notable prosperity of managed care plans may already be tapering off, some analysts say
Article Abstract:
Managed health care companies, like United Health Group are failing to meet their forecasts for adding new members, but they are still expected to report first quarter profits.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2005
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