4 Healthcare Stock Stories for a Monday Investment Checkup

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Merck & Co. (NYSE:MRK): Closing price $47.62

Merck’s decision to suspend sales of its Zilmax cattle feed additive has the unintended consequence of spawning a surge in demand for competitor Eli Lilly & Co.’s Optaflexx, which Lilly is advising some new customers that it cannot supply them for the time being, customers told Reuters.

Zilmax became the center of attention in the livestock industry in a very undesirable way after Tyson Foods Inc. said on August 7 that it will cease buying Zilmax-fed cattle for slaughter beginning in September. Tyson said it was worried that Zilmax could potentially cause health problems for some cattle. Optaflexx, sold by Lilly’s Elanco Animal Health and Zilmax are both part of a family of drugs known as beta-agonists, a class of non-hormone growth promoters that have been ruled safe for animals and humans by the FDA.

Are these stocks a buy or sell? Let us help you decide. MRK-20130826

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business