Saturday, February 04, 2006
Second Vioxx trial begins
09/12/05 - PHILADELPHIA - The nation's second Vioxx trial will begin today in Atlantic City, pitting a Vietnam War veteran against the New Jersey-based pharmaceutical company whose travails have reverberated across the industry, Wall Street and Congress.
In addition to people who took Vioxx, lawyers and Merck investors and employees are girding for the trial, the next among about 5,000 cases filed so far. Its outcome will weigh on Merck's legal strategy and financial outlook, the latter already clouded by a stock price near the level it was in the mid-1990s.
Both sides have a lot at stake. A second defeat for Merck would further sock morale.
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