On May 21, 1999, Merck was granted approval by the Food andDrug Administration (FDA) to market rofecoxib (Vioxx). On September30, 2004, after more than 80 million patients had taken thismedicine and annual sales had topped $2.5 billion, the companywithdrew the drug because of an excess risk of myocardial infarctionsand strokes. This represents the largest prescription-drug withdrawalin history, but had the many warning signs along the way beenheeded, such a debacle could have been prevented.
Neither of the two major forces in this five-and-a-half-yearaffair neither Merck nor the FDA fulfilled its. . . [Full Text of this Article]
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