Drug maker Merck and Co. pulls off its widely used arthritis drug Rofecoxib (Vioxx) from the markets.
Worldwide sales of Rofecoxib totalled $2.55 billion last year. Since the introduction of the drug in 1999, 91 million Rofecoxib prescriptions have been written in the United States alone. The drug is sold in some countries under the name Ceoxx. Merck shares plunged 15 percent in pre-market trading after the announcement. Rofecoxib sales have been flat in recent years amid safety concerns. Clinical trial data have shown the drug increased the incidence of blood clots tied to strokes and heart attacks. A recent study by the U.S. Food and Drug Administration suggested patients taking Rofecoxib faced a 50 per cent greater risk of heart attacks and sudden cardiac death.
Patients who are currently taking Rofecoxib should contact their health care providers to discuss discontinuing use of Vioxx and possible alternative treatments.
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