Merck, Schering speak out on Vytorin flap

Merck and Schering-Plough said Friday that they object to mischaracterizations of a recent study that raised questions about the effectiveness of cholesterol drug Vytorin.
The companies are being sued in several states over allegations they misled consumers into thinking that Vytorin and the drug Zetia were more effective than generics. In a statement Friday, the […]

Google-DoubleClick deal likely to win EU go-ahead

European regulators are likely to approve Google’s $3.1 billion takeover of ad firm DoubleClick, despite rivals’ worries the deal could squeeze them and make Web advertising more expensive.
The European Commission, tasked with preserving competition in the 27-country European Union, is about to decide whether it will express serious doubts about the deal, which would […]

Petrohawk Energy to buy more acreage for $222.5 mln

Petrohawk Energy Corp said it agreed to acquire additional acreage in Fayetteville Shale Trend from a private seller for $222.5 million.
The assets include about 18,500 net acres and increases Petrohawk’s leasehold in the Fayetteville Shale to about 150,000 net acres, the independent energy company said in a statement.
Petrohawk said it estimates proved reserves to be […]