Site Archives merk

Vytorin Test Shows No Benefit Over Lower Cost Drug, Results Suppressed


In the past few weeks, it has been made known that drug companies Merck/Schering-Plough Pharmaceuticals have been suppressing the results of an important investigation into the effectiveness of their cholesterol reducing products. As a result, Senator Chuck Grassley (Iowa), a ranking member of the Committee on Finance, has raised some important questions to the drug [...]

Drug Giant Merck Settles Tax Evasion Case for $2.3 Billion


American pharmaceutical giant Merck & Co. has agreed to pay $2.3 billion to the Internal Revenue Service, settling a three-year tax evasion dispute for the tax years 1993-2001.
IRS records say Merck & Co. held offshore accounts in Bermuda for several years to hold patents for two of its drugs, and then used the royalties from [...]