Court voids Merck Fosamax patent, aids cheaper generic
A federal appeals court invalidated Merck's once weekly Fosamax patent, opening potential generic competition by 2008. The ruling, amid Vioxx scrutiny and Zocor pressures, sent Merck shares down and raised questions about future drug revenues and pipeline.
MENTIONED IN THIS ARTICLE
Merck
Trenton
N.J
Merck & Co
Federal Securities and Exchange Commission
U.S. Court of Appeals For
Federal Circuit
Washington, D.C
United States
Whitehouse Station
N.j.-Based
Tony Plohoros
Court of Appeals
Plohoros
New York Stock Exchange
Barbara Ryan
Deutsche Bank Securities Inc
Vioxx
Zocor
Ryan
Albert Rauch
A. G. Edwards & Sons Inc
Rauch
Tim Anderson
Prudential Financial
Switzerland
Roche Group
U.S. District Court
Delaware
SEC
Supreme Court clears way for Ross execution in Connecticut
The Supreme Court lifted a blocking order and allowed Michael Ross to be executed, clearing New England’s first death sentence in 45 years. Ross, 45, has admitted to killing four women and planned to die by injection after dropping appeals, while his father and defenders pressed mental competency challenges. Protesters planned demonstrations near the prison as officials argued the system moves forward.
MENTIONED IN THIS ARTICLE
Somers
Conn
Supreme Court
Connecticut
New England
Michael Ross
Richard Blumenthal
High Court
2004 economy ends strong despite late slowdown
The GDP rose 4.4 percent for 2004, the best in five years, driven by strong consumer and business spending. Fourth quarter growth was 3.1 percent, dragged by the trade deficit, though consumer demand remained robust. Wall Street declined as the year closed.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
United States
Carl Tannenbaum
LaSalle Bank
Rodney Dangerfield
Wall Street
Joel Naroff
Naroff Economic Advisors
Also Mentioned on This Page
Texas
Robert Nave
Ross
U.S. Supreme Court
Treme Motorsports. Com
Tony Moore
Tony
Awdports.com
Logan
Ottawa
H&r
Doubl
H&r Block
Princeton Road
Kansas
Hrblock
Puerto
Princeton
N.E. Kansas
PAY L Furniture
Towark Eeplins
T-N-T Home Furnishings
Main Street