Tuesday, September 29, 2009
Kentucky Attorney General files suit against drug giant Merck (Lexington Herald-Leader)
Kentucky Attorney General Jack Conway on Monday filed suit in Franklin Circuit Court against pharmac
Sunday, September 27, 2009
Merck Paying More Than 3,100 Death Claims in Vioxx Settlement (Bloomberg)
Sept. 26 (Bloomberg) -- Merck & Co. is paying claims by the families of more than 3,100 users of its Vioxx painkiller who died of heart attacks or strokes blamed on the drug, according to a law firm administering a $4.85 billion settlement fund.
Thursday, September 24, 2009
3rd UPDATE: Mistrial Declared In Merck Fosamax Liability Case (Nasdaq)
(Adds details beginning in third paragraph.) NEW YORK -(Dow Jones)- A judge declared a mistrial Friday in a closely watched case involving Merck & Co.'s (MRK) osteoporosis drug Fosamax after a jury failed to reach a verdict amid tense jury deliberations.
Thursday, September 17, 2009
Merck Agrees to Blanket Settlement on Vioxx (The National Sports Review)
The drug more than doubled the risks of heart attacks and strokes among patients who used it to ease arthritis pain, according to clinical studies. One scientist estimated that it had caused as many as 138,000 heart attacks and 55,000 deaths in the United States. . more Share This
Sunday, September 13, 2009
3rd UPDATE: Mistrial Declared In Merck Fosamax Liability Case (Nasdaq)
(Adds details beginning in third paragraph.) NEW YORK -(Dow Jones)- A judge declared a mistrial Friday in a closely watched case involving Merck & Co.'s (MRK) osteoporosis drug Fosamax after a jury failed to reach a verdict amid tense jury deliberations.
Sunday, September 06, 2009
N.H. to get a share of Pfizer settlement (New Hampshire Business Review)
New Hampshire will receive more than $475,000 as its share of the $2.3 billion penalty imposed Wednesday by the federal government on pharmaceutical giant Pfizer Inc.
Thursday, September 03, 2009
Pfizer Whistleblower Tells His Bextra Story (NPR)
A former Pfizer sales rep who went to the Feds with his company's illegal marketing practices will get more than $50 million.
(AFX UK Focus) 2009-09-02 23:44 FACTBOX-Large drug industry settlements with U.S. gov't (Interactive Investor)
Sept 2 (Reuters) - Pfizer Inc agreed on Wednesday to plead guilty to a U.S. criminal charge relating to promotion of its now-withdrawn Bextra pain medicine and will pay a record $2.3 billion to settle allegations it improperly marketed 13 medicines. Since 2001, there have been more than 40 major U.S. criminal and civil resolutions against drug companies, according to the federal government. With ...