Merck & Co to drop Tredaptive development in USA
US drug giant Merck & Co (NYSE: MRK) said yesterday that, following disappointing clinical trial results with its cholesterol drug Tredaptive (modified-release nicotinic acid/laropiprant), it does not plan to seek regulatory approval of the product in the USA. Merck’s shares fell almost 3% to $42.35 by early afternoon yesterday.
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