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Merck's Big Day: A Share Buyback and FDA Panel Approval

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Merck's Big Day: A Share Buyback and FDA Panel Approval

From the PharmaLive.com News Archive - Apr. 28, 2011

Merck & Co., said yesterday morning that it would spend $5 billion to buyback

shares. Then, in the afternoon, it won a recommendation from an FDA advisory

panel for its highly-anticipated hepatitis C drug. The FDA advisory panel voted

18-0 to recommend boceprevir, which will have the brand name Victrelis, as a

more effective treatment than those available at the moment.

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Posted
Posted

Merck's Big Day: A Share Buyback and FDA Panel Approval

From the PharmaLive.com News Archive - Apr. 28, 2011

Merck & Co., said yesterday morning that it would spend $5 billion to buyback

shares. Then, in the afternoon, it won a recommendation from an FDA advisory

panel for its highly-anticipated hepatitis C drug. The FDA advisory panel voted

18-0 to recommend boceprevir, which will have the brand name Victrelis, as a

more effective treatment than those available at the moment.

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