Vioxx fiasco forces Merck to pay double on 10 year global

18 Feb 2005

Merck's troubles hit home this week when it was forced to pay almost double the margin it would previously have paid for a $1bn 10 year global.

In its first deal since its painkiller Vioxx was removed from the market, Merck offered 78bp for the ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial