Melissa Davis

Miracle Cure for Big Pharma

 

But Rubin offered a darker prognosis for Cox-2 inhibitors that are not already on the market. He said that drug companies must now clear "extremely high" hurdles to gain approval of Cox-2 inhibitors. And he raised questions about whether Vioxx -- approved years ago -- can realistically make a comeback.

A panel member on Friday classified Vioxx as the most toxic drug in its class. Others continued to raise questions about Cox-2 drugs as a whole.

"Do you really need these drugs?" asked Robert Temple, a physician who discussed Cox-2 safety trials on Friday. "We really don't know about the whole range of these drugs. I'm not entirely comfortable ... saying we know what we need to."

Safety concerns about the painkillers had sent Pfizer and Merck shares to 52-week lows at various times in recent months.

>To order reprints of this article, click here: Reprints

TheStreet Premium Services

Jim Cramer
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
OptionsProfits
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Real Money
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn More
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
Dow Jones S&P 500 NASDAQ 10-Year Note
12,393.45 1,310.33 2,827.34 15.81
Oil *
101.78
DOWN
26.41
DOWN
2.99
DOWN
10.02
DOWN
0.44
10 Yr
1.58%
SPDR Gold
151.62
-0.21%
-0.23%
-0.35%
-2.71%
Data delayed 20 minutes

Top Stories and Tools

Articles From

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy.
Podcasts

Connect with TheStreet