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Monday, November 28th 2005

Big Bad Pharm

Huge greedy profit margins are forcing Merck to fire 11% of its workforce.

Not that Merck didn’t screw up with Vioxx, but it SHOULD be difficult (more difficult) in a court of law to prove causality between the drug and ill consequences. I’m being pessimistic, but the payouts Merck makes are going to come in numbers that defy the statistics on the probability of adverse effects from taking Vioxx.