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: Personal Injury Attorneys--Owen, Patterson & OwenMerck to Pay $4.85 billion in Vioxx Settlement
By Owen, Patterson & Owen
Friday, Merck & Co. settled to pay $4.85 billion to end thousands of lawsuits over its painkiller Vioxx. “Without this settlement, the litigation might very well stretch on for years,” Merck executive vice president Kenneth Frazier said during a conference call. Vioxx was pulled from the market in September of 2004 after its researchers determined the blockbuster arthritis treatment, then taking in about $2.5 billion a year, doubled risk of heart attacks and strokes. The deal was finalized in the early morning hours after attorneys for Merck and the plaintiffs met with three of the four judges overseeing nearly all Vioxx claims.
Full post as published by Personal Injury Attorneys--Owen, Patterson & Owen on November 12, 2007 (boomark / email).
Merck to Start Vioxx Settlement Payouts in August
US News reports on Merck & Co.'s recent $4.85 billion settlement with former users of its painkiller, Vioxx. Linda A. Johnson writes, Merck & Co. will start cutting checks for former users of its withdrawn painkiller Vioxx next month after....
$4.85 Billion Vioxx Settlement Moving Forward
Despite a controversial provision in the Merck-Vioxx settlement agreement, reports indicate that enough claimants have signed on to the $4.85 billion settlement to keep the deal moving forward...
Merck extends registration deadline in settlement for former users of Vioxx
--> Merck extends registration deadline in settlement for former users of Vioxx At least 94 percent of eligible claimants have signed up to date Related Pages: Vioxx Merck & Co...
Merck settles Vioxx Product Liability suits for $4.85 billion
Merck has agreed to pay a fixed amount of $4.85 billion into a settlement fund for qualifying Vioxx claims that enter into the resolution process. This is not a class-action settlement...
More than 44,000 sign up for Vioxx settlement
More than 44,000 people have signed up for shares of a $4.85 billion settlement over the withdrawn painkiller Vioxx, a sign that the deal is on track to go forward, Merck & Co. announced Monday.
Merck Agrees To $58M Settlement Over Vioxx Ad Claims
As reported in the Dallas Morning News, Merck & Co. is paying $58 million as part of a multistate settlement concerning advertising of the now-withdrawn painkiller, Vioxx. Here are excerpts: The settlement announced Tuesday addresses allegations that Merck's advertising deceptively...
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Brown Greer et al.
alleging that the six law firms handling the Vioxx settlement failed to provide money for reimbursements to lien rights of Employee Retirement Income Security Act (ERISA) health plans.










