August 19, 2005

Merck Found Negligent in Vioxx Case

The jury in Angleton, Texas, ruled after deliberating on the case for two days that Merck was negligent in its marketing of the drug Vioxx and liable for the death of a 59-year old man. The jury handed the plaintiffs $229 million in damages. Merck said it would appeal, but shares of the big New Jersey drug firm dropped 3% on news of the damage award. (The Street.com)

Posted by news editor | Filed under: Pain Medication