| Merck Receives Subpoena Related to Selling Three Medicines |
|
|
|
![]() |
![]() |
| Thursday, 11 August 2011 00:09 | |||
|
The U.S. department asked for details of the marketing and selling of Temodar, PegIntron and Intron A, from January 1, 2004 to the present “in a federal health-care investigation,” Merck said today in a filing. “This is the first disclosure of this matter,” Ronald Rogers, a spokesman for Whitehouse Station, New Jersey-based Merck, said in an e-mail. The drugmaker is cooperating with the investigation, Rogers said, declining to provide additional information. Temodar, used to treat brain cancer, accounted for $1.07 billion in sales last year. Intron A for cancer and PegIntron for hepatitis C together generated $946 million in sales. Merck dropped $1.77 cents, or 5.6 percent, to $29.94 at 4:00 p.m. in New York Stock Exchange composite trading, the lowest price since August 2009. The shares have declined 17 percent this year. source:Merck & Co.,
|
| Add comment | Add to my library | Forward this article |