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Results as of Friday, May 10, 2024, 10:43 CDT

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Merck stops development of combination diabetes drug

Merck & Co. cited business reasons in its decision to stop development of a diabetes pill that would have combined its Januvia and a generic version of Lipitor, Pfizer's cholesterol drug. Drugmakers see combination drugs as a way to reduce the number of medications patients take. Merck already markets Juvisync, which is Januvia plus the cholesterol drug simvastatin.

TRI SmartBrief | Nov 28, 2012