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TheProphet

09/30/04 10:51 AM

#303502 RE: Zeev Hed #303498

UPDATE 1-U.S. FDA says will watch drugs similar to Vioxx
Thu Sep 30, 2004 09:57 AM ET
(Adds additional FDA comments paragraphs 2, 4-5)
WASHINGTON, Sept 30 (Reuters) - U.S. regulators will closely watch drugs in the same class as Merck & Co. Inc.'s (MRK.N: Quote, Profile, Research) Vioxx for any signs they might raise the risk of serious heart problems, the Food and Drug Administration said on Thursday.

Patients taking Vioxx should talk to their doctors about alternatives, the FDA said.

Merck withdrew the painkiller worldwide because of a link to heart attacks and strokes. Vioxx is part of a family of drugs called non-steroidal anti-inflammatory drugs, or NSAIDs, which includes Pfizer Inc.'s (PFE.N: Quote, Profile, Research) Celebrex.

"All of the NSAID drugs have risks when taken chronically, especially of gastrointestinal bleeding, but also of liver and kidney toxicity. They should only be used continuously under the supervision of a physician," Acting FDA Commissioner Lester Crawford said in a statement.

Merck officials told the FDA the company had decided to withdraw Vioxx in a meeting on Tuesday, the agency said.


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Paul A

09/30/04 11:23 AM

#303542 RE: Zeev Hed #303498

Ok.. I added to my SMH short.. will dump it all on a break over $31..

That MRK news I think rotated alot of money into the semis this morning, and after a gap down the shorts ran for cover. I still think its a headfake but now that the shorts are scrambling a bit it takes the 'easy' part out of it now and a struggle to sell them off hehe..

INTC is weak which is what I like to look at.. NSM was pushed so that doesnt count.. BRCM actually cost me $200 on this squeeze since I didnt want to go crazy.. Bastids..

MU as usuall.. they missed.. and slapped lipstick all over the pig with comments like 'prices are pushing higher/demand on pace with supply' blah blah same old...


Check out NSTK if your bored.. : )
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chanyu8

09/30/04 11:40 AM

#303556 RE: Zeev Hed #303498

Is that GTC order or day? MRK