Powered By Blogger
Google
 


Conscious Flow Radio


Friday, November 9, 2007

Merck To Pay 4.85 Billion Over Vioxx Suits

(Full Story)

TRENTON, N.J. - Merck & Co. said Friday it will pay $4.85 billion to end thousands of state and federal lawsuits over its painkiller Vioxx in one of the largest drug settlements ever.

Company officials estimated the deal, if accepted, would end 45,000 to 50,000 personal injury lawsuits involving U.S. Vioxx users who suffered a heart attack or ischemic stroke, the type in which blood flow to the brain is blocked.