Merck Settles Vioxx Suits for $4.58 BillionQuicklink submitted by Sheila Samples Permalink
Become a Fan
|Three years after withdrawing its pain medication Vioxx from the market, Merck has agreed to pay $4.85 billion to settle 45,000 lawsuits by people who claim they or their family members suffered injury or died after taking the drug, according to a person with direct knowledge of the matter. While eye-popping, the settlement payment represents less than one years profits for the company, the third-largest American drug maker.|
The time limit for entering new comments on this Quicklink has expired.
This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.