Merck seen set for $4.85 billion Vioxx settlement:
Merck seen set for $4.85 billion Vioxx settlement:
NEW YORK (Reuters) – Merck & Co is expected to announce that it has agreed to pay $4.85 billion to settle a significant portion of claims over injuries allegedly linked to its Vioxx painkiller, the Wall Street Journal said on Friday, citing a person familiar with the matter.
Source: feeds.reuters.com
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Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.
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