MERCK TO BUY $95M STAKE IN FOXHOLLOW

Merck & Co. will buy a $95 million stake -- about 11 percent -- in FoxHollow Technologies Inc. as the two companies expand a research collaboration. Whitehouse Station, N.J.-based Merck and Redwood City-based FoxHollow started working together a year ago, seeking cardiovascular biomarkers to use in medical tests and drug research. They've since expanded their work together on studies of plaque removed from arteries by a FoxHollow device.

San Francisco Business Times (http://sanfrancisco.bizjournals.com/sanfrancisco/stories/2006/09/25/daily25.html)