March 31, 2008 at 14:51 PM EDT
Merck And Schering-Plough's Drug May Be Ineffective

Shares of Merck & Co. Inc. (NYSE: MRK) plummeted $6.56 to close at $37.95 and Schering-Plough Corp. (NYSE: SGP) plunged $5.06 to close at $14.41 on reports that the companies' joint anti-cholestrol drug may be ineffective.

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