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Merck’s new cholesterol drug rejected

Federal regulators have rejected Merck & Co.’s new combination cholesterol drug, which includes a generic version of the mega-blockbuster Lipitor - at least for now. It’s unclear how long the ruling, announced Monday, might delay approval of the drug, as the Food and Drug Administration is requiring additional study data on the compound. It combines generic Lipitor, the top-selling drug of all time, with Merck’s cholesterol medicine Zetia.

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