Monday, December 06, 2004

The New York Times > Health > Regulation Redefined: At F.D.A., Strong Drug Ties and Less Monitoring

The New York Times > Health > Regulation Redefined: At F.D.A., Strong Drug Ties and Less Monitoring: "At F.D.A., Strong Drug Ties and Less Monitoring
By GARDINER HARRIS

Published: December 6, 2004

hen federal drug officials suspected in 1992 that a popular allergy pill might cause heart problems, they turned to their own scientists. Their trial confirmed the danger, and the drug was pulled from the market.
Eight years later, similar worries surrounded the arthritis pill Vioxx. But by then, the Food and Drug Administration had shifted gears, slashing its laboratories and network of independent drug safety experts in favor of hiring more people to approve drugs, changes that arose under an unusual agreement that has left the agency increasingly reliant on and bound by drug company money. Discovering Vioxx's dangers would take four more years.
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That delay has led to a firestorm of criticism. Members of Congress, an internal F.D.A. whistleblower and prominent medical journals have said the agency is incapable of uncovering the perils of drugs that have been approved and are in wide distribution. Some have accused it of being cozy with drug makers"

Vioxx alters the equation at Merck

Google Search:: "International Herald Tribune, France - Dec 3, 2004
The list of companies humbled by their derivatives trading is a long one, including such notables as the German metals and mining company Metallgesellschaft ...

Questions Loom Over Merck's Severance Plan
Kansas City Star (subscription), MO - Dec 3, 2004
NEW YORK - What does it take to stop executives from lining their own pockets? Not much, at least when you look at the recent decision by Merck & Co. ...

Vioxx alters the equation at Merck
Newark Star Ledger, NJ - Dec 4, 2004
BY DAVID SCHWAB AND ED SILVERMAN. The scene outside Merck's sprawling pharmaceutical research and manufacturing campus just off Routes ... "