Wednesday, February 01, 2006

Merck adds to defense costs for Vioxx; 31 States considering litigation?

From multiple sources, including Merck's own sites, Reuters, Yahoo:

Merck & Co. set aside an additional $295 million for legal defense costs related to its withdrawn painkiller Vioxx Vioxx.

Also, Merck also announced its received a subpoena from Attorneys General of 31 states and the District of Columbia who are investigating whether the company violated state consumer protection laws when marketing Vioxx.