Saturday, October 02, 2004
Vioxx..come on..it's not THAT bad..
MERCK pulled Vioxx from its shelves this week citing increased risk of heart disease. The stock got slammed. $28 Billion dollars in market value disappeared over night. Twenty eight Billion dollars is more than the entire market value of General Motors. All Gone.
Two million worldwide apparently use Vioxx. McDonalds sells BILLIONS of burgers that increase heart disease if you just look at the food. Why is their stock not sinking?
MERCK pulled Vioxx from its shelves this week citing increased risk of heart disease. The stock got slammed. $28 Billion dollars in market value disappeared over night. Twenty eight Billion dollars is more than the entire market value of General Motors. All Gone.
Two million worldwide apparently use Vioxx. McDonalds sells BILLIONS of burgers that increase heart disease if you just look at the food. Why is their stock not sinking?
# posted by DH @ 11:36 AM 
