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Schering-Plough and Merck Provide Update on Distribution Agreement
Merck & Co., 05/28/09
Schering-Plough has been notified that Johnson and Johnson, as a result of the proposed merger between Schering-Plough and Merck, has initiated arbitration proceedings to resolve the parties' dispute over whether Johnson and Johnson can terminate the distribution agreement relating to Schering-Plough's rights to REMICADE and SIMPONI.
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