The Winners Post-Vioxx: Merck's Product-Focused Biotechs

Vioxx's withdrawal late in September just made partnering success even more critical to Merck & Co. With a $2.55 billion gap in revenues from Vioxx and having lost two Phase III development products late in 2003, the company now leans more heavily still on external R&D success. That's good news for Merck's partners--particularly those with products.

By Melanie Senior

Partners—especially those with products--are increasingly important to Big Pharma. That's clear from the growing number, and value, of product-focused deals...

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