Merck Is Found Liable for Man's Death in Vioxx Trial
"Merck & Co. must pay more than $253 million to the family of a Texas man who died after taking the company's Vioxx painkiller, a jury ruled in the first personal-injury case over the drug to come to trial.
"Jurors awarded $24.4 million in actual damages and $229 million in punitive damages to the family of Robert Ernst. Merck will appeal, spokesman Kent Jarrell said. The company's shares fell as much as 6.8 percent." [Bloomberg]
"Jurors awarded $24.4 million in actual damages and $229 million in punitive damages to the family of Robert Ernst. Merck will appeal, spokesman Kent Jarrell said. The company's shares fell as much as 6.8 percent." [Bloomberg]
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