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What does Merck & Co.s announcement from September 30, 2004 mean?

April 26, 2017announcement mean merck

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What does Merck & Co.s announcement from September 30, 2004 mean?

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Merck & Co. announced that it is voluntary withdrawing Vioxx (rofecoxib) from worldwide markets due to its own studies which shows that the drug increases the patient’s risk of heart attack and stroke by four times.