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Thursday, March 13, 2008

Is Merck's New Obesity Drug Candidate in Serious Trouble?

Seeking Alpha: "Well, I wish I hadn’t been right about this one. Last month I spent some time expressing doubts about Merck’s (MRK) new obesity drug candidate taranabant, a cannabinoid-1 ligand similar to Sanofi-Aventis’s (SNY) failed Acomplia (rimonabant). S-A ran into a number of central nervous system side effects in the clinic, and although they’ve gotten the drug approved in a few markets, it’s not selling well. U.S. approval, now long delayed, looks extremely unlikely."

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