NY Attorney General probes drug companies on Vytorin claims

By The Associated Press

Saturday, January 26, 2008 11:05 PM EST

ALBANY -- New York State Attorney General Andrew Cuomo on Saturday said he has subpoenaed drug companies as part of an investigation into whether they concealed the results of research that found a brand-name drug was no more effective than a cheaper, generic alternative.
Cuomo said his office is investigating whether Merck & Co., Schering-Plough Corp. and a joint venture of the two companies defrauded consumers and investors with their aggressive marketing of the cholesterol-lowering drug Vytorin.

Last week, the two companies released partial data from a study that showed Vytorin didn't reduce plaque buildup any more than a generic alternative that costs about two thirds less.

“Drug companies are on notice that concealing critical information about lifesaving prescription drugs, profiting at the expense of patients

health, and wasting taxpayer dollars, is simply unacceptable,“ Cuomo said.

Vytorin is a combination of a Merck drug called Zocor -which is also available as a generic - and Schering-Plough's Zetia. The two companies began marketing Vytorin under a joint venture in 2004.

The study was meant to show how well Vytorin limited plaque buildup in neck arteries in people with high cholesterol levels. But it showed Vytorin was no more effective at that - and perhaps a bit worse - than Zocor alone.

Chris Garland, a Merck spokesman, said the company will cooperate with the attorney general's investigation and it stands by the safety and efficacy of the drugs.

Cuomo said he is investigating whether the company violated New York consumer protection laws by aggressively marketing the drug to “unsuspecting patients and doctors.”

Investigators also are probing insider stock sales and whether the companies' statements to investors were accurate, Cuomo said.

AP-ES-01-26-08 1538EST

The Citizens' Say

Post your comment - click here

There are No comments posted.

REGISTRATION IS FREE.
Registered users sign in here:
*Member ID:
*Password:
Remember login?
(requires cookies)
 
Unregistered users can register here:

Do not use usernames or passwords from your financial accounts!

Note: Fields marked with an asterisk (*) are required!

*Create a Member ID:
*Choose a password:
*Re-enter password:
*E-mail Address:
*Year of Birth:
 

(children under 13 cannot register)

First Name:
Last Name:
Company:
Home Phone:
Business Phone:
Address:
City:
State:
Zip Code:
 
E-Citizen
E-Edition
Wheels Etc.
Find a vehicle
Hot Jobs
Find a Job
Homes Etc.
Find a Home
TV Week
Find a program
Search Classifieds
Find, Buy
Place a Classified Ad
Sell
Skaneateles Journal
The Journal
New! Halloween Central
Boo!!
New! Best Bridal
Here comes the bride. . .
New! Election HQ
Here come the politicos
Liven Up the Holidays
Fa-la-la-la-la-la-la-laaaaaa
Logo HereNew! Off the Menu
Good Eatin'!
Newspaper Ads
See it again
CNY Boats Etc.
Achors aweigh!
Sections
Special Sections

Top Jobs

The Citizen Copyright ©2009
A division of Lee Publications, Inc.
25 Dill Street
Auburn, NY 13021

Contact Us

Add to My Yahoo!