Vioxx latest news - Wall Street - U.S. stocks lose ground; Merck hurt by Vioxx setback - UPDATE 6
Wall Street - U.S. stocks lose ground; Merck hurt by Vioxx setback - UPDATE 6
NEW YORK (AFX) -- U.S. stocks lost ground Thursday after retailers booked mostly lackluster sales in March, with Merck&Co. ( Nachrichten / Aktienkurs ) weighing on the Dow Jones Industrial Average as its shares tumbled following a legal setback over its Vioxx painkiller.
Source: www.finanznachrichten.de
Vioxx maker held liable in 1 of 2 heart attack claims
A jury found Merck & Co. liable on Wednesday for one of two former Vioxx users' heart attacks in a split verdict that awarded $4.5 million in damages to one of the plaintiffs.The state jury found the company failed to adequately warn both men about the risk factors linking the now-withdrawn painkiller to heart attacks and strokes, but said the drug was only a factor in one of the men's illnesses.
Source: www.charlotte.com
Capsules of Cases in Vioxx Litigation
Wednesday's verdict in the case of two New Jersey men who said Vioxx caused their heart attacks is the latest in a series of courtroom showdowns over Merck & Co.'s once-popular arthritis drug: -Aug. 19, 2005: A jury in Angleton, Texas awards $253 million to the widow of Robert Ernst, a 59-year-old Wal-Mart employee and marathon runner who died after taking Vioxx for eight months. The award will
Source: www.startribune.com
Key Events Involving Vioxx, Other Drugs
Key events involving the safety of Vioxx and other painkillers: --December 1998: Food and Drug Administration approves Pfizer Inc.'s Celebrex, the first Cox-2 inhibitor, to treat arthritis.
Source: biz.yahoo.com
Merck Loses $4.5 Mln Vioxx Verdict in New Jersey Trial
April 5 (Bloomberg) -- Merck & Co. should pay at least $4.5 million to one man who claimed its painkiller Vioxx caused his heart attack and nothing to another, a jury said.
Source: www.bloomberg.com
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