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Biotech / Medical : Biotech & Pharma.T.A,
BIB 77.91+1.5%4:00 PM EST

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To: Jibacoa who wrote (2097)1/14/2008 1:30:32 PM
From: Jibacoa  Read Replies (2) of 3722
 
MRK opened with a DG today after it said that patients with high cholesterol fared no better when taking Vytorin than with a high dose of the generic form of Zocor.

The stock is still down around 2.23%

bigcharts.marketwatch.com

The ENHANCE trial focused on a group of 720 patients with familial hypercholesterolemia. Patients were given either Vytorin or a high dose of Zocor. (Vytorin is a combination of SGP's Zetia & MRK's Zocor, which lost patent protection in 2006.)

MRK & SGP have submitted an abstract on the ENHANCE trial for presentation at the ACC meeting, which will be held in March,& are still waiting notification of acceptance from the College.

MRK's stock is still holding its present UT & hasn't closed its Apr13 UG

bigcharts.marketwatch.com

On Dec12 MRK was able to trade above its June 2003 H of $60.07 With some good news it may get to test its June 2001 at $71.76 The resistance from the Nov200 H at $91.47 & the Dec-Jan double top at $90.76 looks too far at present.<g>

bigcharts.marketwatch.com

Bernard
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