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Merck CFO to Retire in July

Merck said Chief Financial Officer Judy Lewent, 58, plans to retire in July after 17 years in the post.

The drugmaker, which has seen its fortunes greatly improve over the past two years in the aftermath of the 2004 withdrawal of the company's blockbuster Vioxx arthritis drug, said Lewent has played a leading role in the "resurgence of Merck's corporate development" and licensing of drugs from other drugmakers.