Merck & Co., Inc (NYSE:MRK)’s and the Zilmax max-out

Posted by Chris Bell August 26, 2013 0 Comment 3044 views

It was just last week that Merck & Co., Inc (NYSE:MRK) announced that it will be discontinuing Zilmax. This is not a permanent move and the widely-popular animal feed additive that is used to speed up fattening of cattle will be moved-out of the market on a temporary basis. This suspension has come in the wake of complaints from two meat companies.

The complaints

They had noted that the cattle that had been fed this additive had difficulty with walking. Last week, Tyson Foods, the largest meat-packer in the U.S said that they will be discontinuing using the meat that came from cattle that had fed on Zilmax, in their products. It must be understood that this additive is used to fatten-up the cattle bred specifically for slaughtering purposes.

Apart from Tyson foods, as proof, the 2nd-largest meat-processor, JBS USA Holdings had a video-recording of cattle that were unable to walk properly. This video was screened at a cattle-industry conference. However, there is still no clarity about whether JBS has or will be discontinuing using Zilmax.MRK said that they were confident that these symptoms that had been noticed in cattle, have not been caused by the consumption of Zilmax.

The regulators

For its part, the U.S FDA said last week that investigation were underway and that they were gathering information about Zilmax and Merck and will determine whether the drug is safe for use. In an email, the FDA stated that they had received very few reports of any kind of lameness in cattle who had fed on Zilmax.

The Food Drug Administration went on to say that they will review all the information about this additive. Once they have some concrete information, Merck & Co., Inc (NYSE:MRK) as well as the public will be informed in the event of any safety concerns.

About Chris Bell

Chris Bell is an investing reporter for GDP Insider. Chris covers financial markets and Wall Street, concentrating on developments affecting individual investors and their portfolios. Chris is also over consumer reporter and covers a wide variety of issues ranging from housing to immigration to urban poverty. Chris graduated from the University of Scranton with a degree in Communication and Philosophy. Chris's diligent investigations earned him the honor of being named "Best Reporter" once by the Headliners Foundation of Texas and once by the Houston Press Club.

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