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Health » Panel OKs Merck's Vioxx Return to Market
Feb 19, 2005

Reuters

The 17-15 vote on Vioxx's safety to go to market electrified Merck shares, which closed up 13 percent at $32.61 on the New York Stock Exchange (news - web sites). Pfizer Inc. (NYSE:PFE - news) gained 6.9 percent to close at $26.80.
It was a stunning turnaround for Vioxx, which was withdrawn in September by Merck after a study showed the drug doubled heart attack and stroke risk compared with a placebo in patients who took it for at least 18 months.

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