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Merck to pay $950 million to settle U.S. Vioxx charge

 From reuters.com
( Reuters ) - Merck & Co will pay roughly $950 million to settle criminal and civil charges that it promoted the painkiller Vioxx for an unapproved use, the U.S. Justice Department said on Tuesday. The fine will conclude a long-running investigation into Merck's promotion of its one-time blockbuster drug, which was withdrawn from the market in September 2004 after being linked to heart risks. The Justice Department alleged that Merck promoted the drug for treating rheumatoid arthritis before...Read Full Story

Merck to pay $950 million to settle U.S. Vioxx charge

 From reuters.com
( Reuters ) - Merck & Co will pay roughly $950 million to settle criminal and civil charges that it promoted the painkiller Vioxx for an unapproved use, the U.S. Justice Department said on Tuesday. The fine will conclude a long-running investigation into Merck's promotion of its one-time blockbuster drug, which was withdrawn from the market in September 2004 after being linked to heart risks. The Justice Department alleged that Merck promoted the drug for treating rheumatoid arthritis before...Read Full Story

Merck to pay about $950 million to settle U.S. Vioxx charge

 From reuters.com
( Reuters ) - Merck & Co will pay roughly $950 million to settle criminal and civil charges that it promoted the painkiller Vioxx for an unapproved use, the U.S. Justice Department said on Tuesday. The fine will conclude a long-running investigation into Merck's promotion of its one-time blockbuster drug, which was withdrawn from the market in September 2004 after being linked to heart risks. The Justice Department alleged that Merck promoted the drug for treating rheumatoid arthritis before...Read Full Story

Merck to Plead Guilty, Pay $950 Million in US Vioxx Probe - BusinessWeek

By keyfunds on  From latestbusinessreport.com
BBC News Merck to Plead Guilty, Pay $950 Million in US Vioxx Probe BusinessWeek Nov. 22 (Bloomberg) -- Merck & Co., the second-largest US drugmaker, will pay $950 million and a unit of the company will plead guilty to a criminal charge to resolve a US probe of its sales of the painkiller Vioxx. ... Merck will pay $950M to settle Vioxx investigation The Associated Press Merck to pay about $950 million to settle US Vioxx charge Reuters Merck to Pay $950 Million to Settle Government's Vioxx...Read Full Story

Merck to pay about $950 million to settle US Vioxx charge - Reuters

By keyfunds on  From latestbusinessreport.com
Globe and Mail Merck to pay about $950 million to settle US Vioxx charge Reuters Bottles of the prescription arthritis and pain medication VIOXX sit on a shelf in New York, in a 2004 photo. (Reuters) - Merck & Co will pay roughly $950 million to settle criminal and civil charges that it promoted the painkiller Vioxx for an ... Merck to Pay $950 Million in Vioxx Settlement Wall Street Journal Merck ordered to pay $950M fo Vioxx case CBS News Merck will pay $950M to settle Vioxx investigation...Read Full Story
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Drugmaker Merck & Co. said Thursday that it has reached a deal to settle all lawsuits in Canada over its recalled painkiller Vioxx, for up to 36.9 million Canadian dollars ($36.5 million). Merck and attorneys representing hundreds of Vioxx users in Canada said the final payment will be at least $21.6 million and could go as high as $36.5 million. Merck and representatives of the plaintiffs have signed...  
From rss.biospace.com ()
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VIOXX DEAL: Merck and lawyers for Canadian Vioxx users have struck a deal, awaiting approval by courts in provinces there, to end lawsuits filed by hundreds of people claiming harm from the drugmaker's recalled painkiller Vioxx.  
From syndication.boston.com ()
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Pharmaceutical giant Merck said Thursday it has agreed to pay up to CAN$36.8 million (US$36.3 million) to resolve all suits brought against it in Canada over its former hit painkiller Vioxx.Merck voluntarily withdrew the popular medicine, known by its generic name Rofecoxib, from the market in 2004 after interim clinical trials linked the anti-inflammatory drug to a higher risk of heart attacks and stroke.Since then Merck has faced numerous...  
From france24.com ()
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TRENTON, N.J. (AP) - Drugmaker Merck & Co. said that it has reached a deal to settle all lawsuits in Canada over its recalled painkiller Vioxx, for up to 36.9 million Canadian dollars ($36.5 million). Merck and attorneys representing hundreds of ...  
From api.bing.com ()
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Drugmaker Merck & Co. said Thursday that it has reached a deal to settle all lawsuits in Canada over its recalled painkiller Vioxx, for up to about $37 million. Merck and attorneys representing thousands of Vioxx users in Canada say the final payment will ...  
From api.bing.com ()
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(AP) WHITEHOUSE STATION, N.J. — Drugmaker Merck & Co. has reached a deal to settle all lawsuits in Canada over its recalled painkiller Vioxx, for up to 36.9 million Canadian dollars ($36.5 million). Merck and attorneys representing hundreds of ...  
From api.bing.com ()
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TRENTON, N.J. (AP) — Drugmaker Merck & Co. said Thursday that it has reached a deal to settle all lawsuits in Canada over its recalled painkiller Vioxx, for up to 36.9 million Canadian dollars ($36.5 million). Merck and attorneys representing ...  
From api.bing.com ()
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