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Merck to Pay $4.85 Billion in Vioxx Settlement

Wire services are reporting that Merck & Co. has agreed to pay close to $5 billion to settle claims that its Vioxx painkiller caused heart attacks and strokes.

15 minute read November 09, 2007 at 10:41 AM
By
Maria Vogel-Short
Merck to Pay $4.85 Billion in Vioxx Settlement

After three years of sticking to a hard-line policy of trying every one of the approximate 26,600 suits lodged over its painkiller Vioxx, Merck & Co. Inc. announced on Nov. 9 that it had come to an agreement that could settle 95% of them.

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