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November 30, 2009

Court hears arguments on investor lawsuits over Vioxx

Lawyers for Merck told the Supreme Court Monday investors waited too late and didn’t do all of the necessary investigations to sue the drugmaker over whether it properly warned about the risks of its blockbuster painkiller Vioxx.

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Vioxx trial: Closings set for Monday

ATLANTIC CITY (AP) -- Lawyers for Merck & Co. and a postal worker suing the company over Vioxx met privately with the judge in the case again today, negotiating over the wording of instructions she will give to jurors before they begin deliberating. More...

Reseachers zero in on what caused Vioxx's dangerous side effects

Researchers believe they have zeroed in on what caused the drug Vioxx to boost a users heart risks.

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SEC launches formal Vioxx probe (Crain's New York Business)

Shares of Merck & Co. fell more than 9% after the drugmaker said the Securities and Exchange Commission launched a formal investigation of its Vioxx pain medication, which was pulled from the market because of cardiovascular risks. More here.

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