Merck's Long-Term Vioxx Cases Loom Despite Win
2/23/2006
On Friday, a federal jury found Merck & Co. was not liable in the 2001 death of a Florida man who had used Vioxx for less than a month. However, according to analysts, Merck's victory in the first federal case over its recalled painkiller Vioxx may be short-lived as investors look to bigger legal hurdles ahead.
Analysts said it would have been a huge loss if Merck failed to win the case, the first in a federal court and the third of more about 9,600 cases filed against Merck in U.S. and state courts claiming the company hid health risks of the once-best-selling painkiller.
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Source: Legal News Feeds.com - Consultwebs.com
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