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Vytorins 5 billion in annual sales

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March 31, 2008 – Comments (3) | RELATED TICKERS: MRK , SCP

Those of you who read my posts may possibly notice a subtle but consistent idea that the EPA and the FDA are to small=helpless=weak to be effective. This morning we all learned that Vytorin does not reduce heart disease. Apparently though, Merck and Schering-Plough learned this same information 730 mornings ago and did not feel that information was important enough to share. In fact, rather than mention that Vytorin did not reduce heart disease, they chose to spend $200,000,000.00 to say just how wonderful the drug is. And it sold. Lets just guess since there were 5bil in sales this year that their were 4bil in sales last year since the time Merck and SCP knew they were selling a product that did not help. Today the two companys took a combined 20bil loss in their market cap, I presume because they will no longer be selling Vytorin (I hope).

However I have some questions to ask MRK and SCP.

Will you be offering a full warrantee and refund for the money Medicare spent with you?

Have you budgeted for death benefits for people who needed real help and did not get it because they believed that your product was helping them?

Are you concerned about lawsuits?

 I also have some questions for the FDA.

Do you consider Merck or Schering-Plough "to big to fail"?

Are you going to grow some balls?

3 Comments – Post Your Own

#1) On March 31, 2008 at 11:09 PM, dwot (42.97) wrote:

21st century snake-oil salesmen...

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#2) On April 01, 2008 at 7:38 AM, devoish (97.22) wrote:

21st century snake-oil salesmen...

Thats funny, I often imagine these guys riding into town in a horse drawn wagon, selling cure-alls to a crowd and then slipping out of town at 3:00am. Not quite as fast as the weight loss guys though.

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#3) On April 01, 2008 at 10:48 AM, mandrake66 (55.14) wrote:

After the last crisis with Merck a few years ago I simply stopped trusting them on anything. It is clear that they pump any info they like and hide any they don't. It's clear that this has been company policy for years. I believe it's the same at most of the large pharma companies, but Merck has been caught flagrantly twice now.

I also simply don't believe in the value of lowering cholesterol and haven't for years, so when I see that all of these companies are making tons of money from statins, I get very cautious. I think statins do work to some degree, but by reducing inflammation, not by reducing cholesterol. But all the pharma companies have invested years and billions into magic elixirs that reduce cholesterol, and then lie about their efficacy. 

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