Health care news releases may not tell the whole story: Merck edition

Derek Lowe, a biomedical researcher at Novartis, is talking “A bit about biopharma investing” today on his blog.

It’s all about the problems inherent in making decisions based on drug company news releases.

His comments are targeted at investors, who in turn are the main targets of these drug company announcements. But his logic could just as easily apply to journalists, patients, and consumers — all of whom are routinely snookered by the optimistic projections and misleading...

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