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Article: NEW JERSEY ENTERS MULTI-STATE SETTLEMENT WITH MERCK, SCHERING-PLOUGH, JOINT VENTURE ON VYTORIN

Article from:
US Fed News Service, Including US State News
Article date:
July 15, 2009
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TRENTON, N.J., July 15 -- The New Jersey Attorney General issued the following news release:

Attorney General Anne Milgram announced today that New Jersey has entered into a multi-state settlement with Merck & Co. Inc, Schering-Plough Corporation, and a joint venture of the two companies, MSP Singapore Company, LLC, resolving an investigation into a lengthy delay by the companies in issuing negative results from a clinical trial of their cholesterol-lowering drug Vytorin.

The clinical trial was called Ezetimibe and Simvastatin in Hypercholesterolemia Enhances Atherosclerosis Regression, or ENHANCE.

Under terms of the settlement, Merck & Co., Schering-Plough and MSP Singapore have ...

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