As I (and many others) had earlier guessed, Merck has disclosed that intracranial hemorrhage, or brain-bleeds were the issue with stroke patients taking Vorapaxar. This confirmation is a significant problem for the lead legacy Schering-Plough drug candidate. Expect more selling off of Merck stock on the NYSE, today.
In addition (also as I predicted), Vertex said it expects to hear fron FDA -- on Telaprevir in four months, per Reuters:
. . . .Cambridge, Massachusetts-based Vertex, which had asked the U.S. Food and Drug Administration for a priority review of data from telaprevir in November, said the agency set an action date for May 23 to decide on the approval. . . .
I'll be back in full-post mode tomorrow.