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Cholesterol fallout slams Schering, Merck shares (Reuters)

March 31st, 2008 by

A Merck facility in Rahway, New Jersey, in a file photo. Shares of Schering-Plough and Merck  and  Co tumbled on Monday after doctors at a prominent medical meeting recommended patients try older cholesterol drugs before the companies' newer medicines. (Jeff Zelevansky/Reuters)Reuters - Shares of Schering-Plough Corp
and Merck & Co tumbled on Monday to multi-year lows on
fears new recommendations critical of the companies’
cholesterol drugs would cripple their sales.

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