Thursday, August 18, 2005

State of Oregon joins Texas: Sues Merck because of Vioxx

<>Oregon Treasurer Randall Edwards Edwards sued Merck & Co. Inc., maker of the drug Vioxx, and eight current and former company officials, seeking $15 million in damages.

The complaint alleges that Merck knew but failed to disclose that its painkiller caused a significant risk of heart attacks, strokes and other cardiovascular-related deaths. Merck's stock tumbled 26 percent after it withdrew the drug from the market in September 2004.

Thanks to Oregonlive.com