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  • Buckle Up: It's Gonna be a Wild Ride Monday, 4 Dec 2006 | 2:07 PM ET

    Saturday night Pfizer dropped a bombshell.  Two days after the company announced it planned--if all went well--to file for FDA approval of its developmental cholesterol pill Torcetrapib in the second half of next year, Pfizer suddenly pulled the plug on the drug.  Tests had shown this pill raises good cholesterol and lowers bad.  But the FDA says early Saturday morning Pfizer's Independent Data Safety Monitoring Board told the company about people who died in a clinical trial.