Originally Posted by darksideofjae
The reason i would buy merck is i feel and can see that they are going to rebound off of it. Plus thats what i heard from a co-worker who is deep into the stock market.
Vioxx is one of Merck's most important drugs, with $1.8 billion in U.S. sales in 2003 and global sales of $2.5 billion — 11 percent of the company's $22.49 billion in revenue that year!
They did recall it, costing a shit laod, plus all the lawsuits will be comming in...
You could go the other way and buy Pfizer stock as they will be profitting from this... People with Vioxx need a alternative most probbly Celebrex!