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January 15, 2010

Mass. doctor accused of fraud by faking research

Federal prosecutors announced Thursday that they have filed a health care fraud charge against a doctor accused of faking research for a dozen years in published studies that suggested after-surgery benefits from painkillers including Vioxx and Celebrex.

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UPDATE 4-Merck earnings fall after Vioxx withdrawal

MRK.N: Quote, Profile, Research) on Thursday said first-quarter profit fell 15 percent following the withdrawal of its arthritis drug Vioxx last year. The results were in line with Wall Street estimates and Merck's own forecast.

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Merck: Excess Insurers Seek To Void Vioxx Obligations

WASHINGTON (Dow Jones)--Merck & Co. (MRK), which is facing hundreds of lawsuits related to its withdrawn Vioxx drug, said Friday that some of its insurers are seeking to void their obligations related to Vioxx product liability and shareholder claims. Read more here

Deadlocked jury will resume talks in Vioxx trial

WASHINGTON -- Five of nine jurors in Texas agreed that Vioxx played a role in the death of a Florida man who took it 23 days, sufficient progress for a US district court judge to allow the divided panel to continue deliberations. Click here for more info

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