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Schering-Plough Corp News

Weak dollar helps Pfizer, Wyeth gain

...reports. Favorable currency exchange rates boosted revenue by 5 percent for Merck & Co. and by 7.6 percent for Schering-Plough Corp. Schering also noted that about 70 percent of its sales came from outside the country. And both Wyeth and Johnson & Johnson,...

Weak dollar, foreign sales boost drugmakers

...two weeks. Favorable currency exchange rates boosted revenue by 5 percent for Merck & Co. and by 7.6 percent for Schering-Plough Corp. Schering also noted that about 70 percent of its sales came from outside the country. And both Wyeth and Johnson & Johnson,...

Vytorin makers say cancer results likely an anomaly

...a new study of cholesterol drug Vytorin are "likely to be an anomaly" unrelated to the drug, makers Merck & Co and Schering-Plough Corp said in a letter to doctors. The study called SEAS found a higher incidence of cancer among patients who took Vytorin compared...

Pfizer, No. 1 drugmaker, faces host of challenges; analysts see more cuts but some promise

...center to develop veterinary vaccines in Belgium and the purchase of several vaccines and veterinary medicines from Schering-Plough Corp. in April. It also got U.S. approval for a new antibiotic for cats and dogs, Convenia, a one-time injection for common...

Health Buzz: Jalapeño Peppers and Other Health News

...doesn't lower the risk of major heart problems, according to a study released yesterday by the drug's manufacturers, Schering-Plough Corp. and Merck & Co. The study of 1,873 people found that Vytorin, a pill that combines the cholesterol-lowering medications...

Stocks end mixed on worries about earnings, oil

...earnings and oil prices. I expect more of the same." The market was also uneasy about drug makers Merck & Co. and Schering-Plough Corp. Both pharmaceutical companies fell after a new study showed their cholesterol drug Vytorin did not meet its main goals....

Movers & Shakers: Tuesday's biggest gaining and declining stocks

...of $903.3 million, according to FactSet Research. See full story. The company was cut to sell from hold at Citi. Schering-Plough Corp. (SGP: , , ) reported second-quarter earnings fell to $398 million, or 24 cents a share, from $517 million, or 34 cents,...

Study Finds No Significant Difference Between Vytorin and Placebo

...new study found, Vytorin sold by Merck & Co Inc and Schering-Plough Corp, used for the treatment of high cholesterol, failed to prevent the worsening of cholesterol disease or to lower the need for surgery in those patients with heart valve disease. The often...

Meandering market ends with small loss

...said Jim Herrick, manager of equity trading at Baird & Co. The market also was uneasy about drugmakers Merck & Co. and Schering-Plough Corp. Both pharmaceutical companies fell after a new study showed their cholesterol drug Vytorin did not meet its main goals. The...

Schering-Plough's 2nd-quarter profit falls on charges, but adjusted results top forecast

... Schering-Plough Corp.'s second-quarter profit tumbled 23 percent on charges for a canceled development program with Merck & Corp. and accounting adjustments, but adjusted profit topped Wall Street forecast. The Kenilworth, New Jersey-based drug developer...

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