In a terse, single-paragraph statement, Merck & Co. Inc. announced Dec. 20 that its HDL-raising cardiovascular drug Tredaptive (extended-release niacin/laropiprant) failed to meet the primary endpoint in a huge Phase III trial, HPS2-THRIVE, and that the New Jersey pharma no longer plans to seek FDA approval of the drug.
Wall Street was barely phased by the news, just the latest in a series of setbacks for cholesterol therapies based...
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